In the latest post shared on X on July 3, Solana, a popular Layer-1 blockchain network, celebrated its new record as it recorded more than 3.77 billion non-vote transactions in June. This is the new monthly all-time high amid growing activities on the network with real-world use.
JUST IN: More than 3.77B non-vote transactions occurred on Solana in June PIC.TWITTER.COM/GFZMOIJZ41
— Solana (@solana) JULY 3, 2026
According to Blockworks data, the blockchain hit around 3,773,161,404 non-vote transactions in June 2026. Non-vote transactions are the real user activities, such as swaps, payments, and transfers.
Why Is Solana’s Activity Rising?
There are many factors behind the rise in on-chain activities on the Solana blockchain network. For example, recent upgrades to the network are improving the speed and efficiency of the network. The launch of Firedancer, a second validator client by Jump Crypto, has increased client diversity and network resilience. At the same time, the Alpenglow upgrade has reduced transaction finality to as low as 100-150 milliseconds.
“Alpenglow is a state-of-the-art consensus protocol that will bring 150ms confirmation times to Solana. Existing protocol features such as Proof of History (PoH) and onchain vote transactions will be removed to make way for a simpler mechanism in Alpenglow. This represents a fundamental simplification of how the network agrees on blocks, materially improving reliability while sharply reducing confirmation times,” stated in the official blog post.
The blog post stated, “Alpenglow introduces the concept of VAT (Validator Admission Ticket). VAT is a 1.6 SOL fee that validators must pay to be included in the consensus set each epoch. With the introduction of VAT, Alpenglow paves the way for faster block times and increased CU capacity with the removal of vote transactions from blocks.”
Apart from this, the boom in tokenized real-world assets (RWAs) has boosted the network’s activity. In July, Solana’s RWA ecosystem generated a record $3.4 billion in total value by July 2026, which is around 4 times higher than at the start of the year.
Tokenized enquiries are becoming popular on the Solana blockchain network, as it has captured more than 95% of the on-chain tokenized equities market. In the first half of 2026, tokenized stock trading volume on Solana hit $4.9 billion, which is 6 times more than in the second half of 2025, and the cumulative transfer volume surpassed $10 billion.
On the Solana blockchain network, users can now trade tokenized versions of major stocks like NVDA and TSLA. Apart from this, the stablecoin supply on the network has soared above $15 billion, supporting payments, DeFi, and RWA activities.
Solana Surpasses Ethereum In Transaction Volume
Amid the growing activities on the network, Solana has outperformed Ethereum in many ways. It is recording more daily transactions due to its high throughput of thousands per second. In recent months, it has recorded higher user activity and total transaction counts.
Apart from this, the fee on the blockchain is lower than on other blockchains, which makes it more attractive for regular users. At the time of writing, the total value locked (TVL) on the blockchain is currently revolving around $5.106 billion, according to DeFiLlama.
The record-breaking activity on the blockchain is not driven by temporary hype like the NFT season in 2022. Instead, the growth in on-chain activities on the network is coming directly from real-world uses, such as tokenized stocks, bonds, and other assets.
Amid the growing activity on the network, Solana is struggling to gain upward momentum amid the bullish sentiment in the overall crypto market.
