According to Grayscale research head Zach Pandl, Solana has become a settlement layer for over 1,000 decentralized applications, processing more than 100 million transactions daily since the start of 2026, averaging over 1,200 transactions per second.
The network has approximately 4.3 million daily active users and has accumulated roughly $100 million in transaction fees year-to-date. Grayscale noted that Solana's ecosystem spans multiple sectors including decentralized finance (DeFi), social trading, and decentralized physical infrastructure (DePIN).