Solana transactions hit record 4.2B as SOL rallies 40%

Written by Sam Bourgistaff writerReviewed by Robert Lakinstaff editorWritten by Sam Bourgistaff writerReviewed by Robert Lakinstaff editorSolana transactions hit record 4.2B as SOL rallies 40%Latest NewsPublishedAug 25, 2026Tokenized real-world assets on Solana are nearing $4 billion as network activity accelerates alongside a broader recovery in crypto markets. Transaction activity on the Solana blockchain reached a record high in July, preceding a sharp rally that pushed SOL above $100 for the first time since February amid a broader crypto market recovery.Onchain data presented by The Kobeissi Letter showed that Solana processed a record 4.2 billion transactions in July, up 13.5% from the previous month. Transaction counts have risen by roughly 2 billion since December, representing a 91% increase.The growth has coincided with a broader expansion in tokenized real-world assets. The Kobeissi Letter cited RWA.xyz data showing that the value of distributed RWAs across tracked blockchain networks has climbed above $38 billion.Source: The Kobeissi LetterOn Solana specifically, the value of tokenized real-world assets has climbed to nearly $4 billion, up roughly 11.8% over the past month.The surge in network activity comes as SOL has rallied roughly 40% over eight days, with much of those gains coming alongside a broader crypto market rebound, according to CoinMarketCap data.The rally accelerated after the US Treasury Department announced plans to double certain long-dated bond buybacks to at least $4 billion per operation, a move that pushed yields lower and helped lift risk appetite across crypto markets. Related: Standard Chartered analyst eyes $100K BTC as US Treasury doubles long-end buybacks Subscribe to daily byte-sized crypto news from Cointelegraph Subscribe Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. …

Solana transactions hit record 4.2B as SOL rallies 40%

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