TechSolana processed 5.2 billion transactions as revenue plunged 87% — what changed

Solana says it handled a record 5.2 billion non-vote transactions in August, up 19% from July. Yet 21Shares calculated that gross network revenue fell from $1.09 billion a year earlier to $141 million in the first half of 2026, as weaker blockspace competition and cooling memecoin activity reduced priority fees and tips. Transaction counts remain a poor proxy for validator income or token demand.

Solanablockchainnetwork revenuememecoins

CCryptoSlate★★☆☆☆2026-09-02 20:05Original