Solana hit a new record of 66.9 million daily transactions, thanks to the launch of the PENGU token by the Pudgy Penguins project. This is Solana’s highest transaction level since its launch in 2020, exceeding the total of transactions of all other major blockchains.

Solana continues to establish itself as a top choice for retail investors who want to participate in memecoins, NFTs, and small tokens with advantages such as fast transactions and low fees. However, Solana still lags behind Ethereum and TRON in terms of stablecoin transactions.