Solana processed nearly 500 million coin transfers in a single month by late 2021, an increase from figures during the summer. A transfer consist of a native coin or token getting moved on its blockchain, and the source does not immediately clarify whether this equals a metric called "transaction volume" or not. A historical time series on network activity for Solana specifically has been difficult to track due to the network's speed: It is meant to process many more transactions than its competitors Ethereum or Binance Smart Chain. Some dashboards list the network's total transaction count - as of December 7 - on roughly 43.7 billion, since April 2020.
Number of Solana (SOL) transfers per day on the blockchain from January 2021 to November 2021
(in 1,000s)
The source adds "A transfer is when a native coin or the token gets transferred on the blockchain. A transaction can contain zero or multiple transfers."
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Bitquery. (December 7, 2021). Number of Solana (SOL) transfers per day on the blockchain from January 2021 to November 2021 (in 1,000s) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1280088/average-number-of-solana-transfers/
Bitquery. "Number of Solana (SOL) transfers per day on the blockchain from January 2021 to November 2021 (in 1,000s)." Chart. December 7, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1280088/average-number-of-solana-transfers/
Bitquery. (2021). Number of Solana (SOL) transfers per day on the blockchain from January 2021 to November 2021 (in 1,000s). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1280088/average-number-of-solana-transfers/
Bitquery. "Number of Solana (Sol) Transfers per Day on The Blockchain from January 2021 to November 2021 (in 1,000s)." Statista, Statista Inc., 7 Dec 2021, https://www.statista.com/statistics/1280088/average-number-of-solana-transfers/
Bitquery, Number of Solana (SOL) transfers per day on the blockchain from January 2021 to November 2021 (in 1,000s) Statista, https://www.statista.com/statistics/1280088/average-number-of-solana-transfers/ (last visited December 22, 2024)
Number of Solana (SOL) transfers per day on the blockchain from January 2021 to November 2021 (in 1,000s) [Graph], Bitquery, December 7, 2021. [Online]. Available: https://www.statista.com/statistics/1280088/average-number-of-solana-transfers/
