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Solana: Records and Growth

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03.11.2024

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In the third quarter, 29 projects based on Solana completed funding, setting a record since 2022, according to Messari. This indicates a resurgence of investor interest in crypto initiatives.

At the end of October, Solana surpassed Ethereum in daily fee volume, generating $2.54 million compared to Ethereum's $2.07 million. The network's efficient scalability allows transaction fees to be as low as $0.023.

The number of new users on Solana reached 1.3 million. By the end of the quarter, the platform ranked third in the volume of tokenized bonds at $123 million, trailing Stellar ($422 million) and Ethereum ($1.6 billion).

Additionally, the Arkham platform now supports the Solana blockchain, enabling clients to track the movement of funds and receive notifications about transactions.