According to the study, the number of active addresses in the Solana network has reached 20.71 million, making it the largest among blockchains. Binance Coin is in second place with 10.26 million active addresses. Such a gap, according to experts, confirms the steady interest in the Solana ecosystem.
A key factor in the growth was the launch of a consensus update called Alpenglow, developed by the Anza team. This update reduced the transaction finalization time from 12.8 seconds to the range of 100-150 milliseconds. Messari noted that the improvement not only accelerated the network, but also increased its security, which is especially important for further scaling.
Analysts paid special attention to the real-world asset tokenization (RWA) segment, the volume of which in the Solana ecosystem increased by 23.9% and amounted to $390.6 million. Growth is also observed in individual projects: the Pump.fun service maintains its leadership in profitability among memecoin platforms, and Axiom Exchange was able to increase revenue by 641% and take second place in the ranking.
Experts emphasize that such dynamics indicate an expansion of the audience, including not only retail users, but also institutional clients. Solana is gradually strengthening its reputation as a reliable infrastructure for businesses and investors, demonstrating stable development against the backdrop of high competition in the industry.
A serious step towards practical application was the recent announcement of BitPay. A large crypto payment operator integrated Solana support into its platform, which gave users the opportunity to store, send, exchange and use for settlements both SOL itself and stablecoins created on the basis of this network. This move significantly expands the real-world use of blockchain in everyday transactions.
Messari summarized that Solana not only maintains leadership in key metrics, but is also actively moving towards large-scale implementation in financial services. The success of individual projects, the growth of RWA, and support from large companies indicate that the ecosystem is in a phase of sustainable development and has the potential for further expansion.