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Grayscale: Solana has become a settlement layer for over a thousand apps, average daily transactions exceed 100 million this year
July 1, 2026
CoinFeed News
CoinFeed reported on July 1 that Grayscale's Head of Research Zach Pandl published a report noting that the Solana blockchain has a diverse decentralized application ecosystem, serving as a settlement layer for over 1,000 unique apps. Since the start of the year, the network has averaged over 100 million transactions per day, with an average of 4.3 million unique daily users, and has accumulated approximately $100 million in transaction fees. This is driven by a combination of apps focused on decentralized finance, social trading, and decentralized infrastructure.