Solana reached new weekly activity peak with 1.3B non-voting transactions

What happened

Solana’s weekly activity hit a new peak, recording over 1.3 billion non-voting transactions in the past week. This growth came from the FOMO app and renewed meme trading on Pump.fun, according to the article.

Confirmed

Global impact / market context

More transactions can mean higher demand for Solana, possibly raising its value. It also shows the network handles heavy use, which may attract more projects. Investors watch this as a sign of real-world adoption.

Analyst inference

Solana is a crypto asset. When activity grows, it often boosts confidence in the network. This could lead to higher trading volumes and prices. However, high traffic may also test network stability, affecting how investors view Solana.

Analyst inference

What to watch

1. Watch whether Solana continues to report over 1.3 billion weekly non-voting transactions. More weeks at this level would confirm sustained growth. Confirmed
2. Check if the FOMO app and Pump.fun meme trading keep boosting Solana’s activity. Their ongoing use could be a reason for the record. Proposed
3. Observe if increased transaction volume leads to higher SOL prices or network congestion, which could impact investor returns and transaction costs. Analyst inference

Affected assets

• SOL — Solana

Evidence

• cryptopolitan.com