According to Odaily Planet Daily, data shows that the number of active addresses on the Solana chain reached 54.33 million in July, an increase of 151% from 21.6 million at the beginning of 2024. In addition, the number of non-voting transactions peaked at 1.3 billion in July, indicating active on-chain activity.
The upcoming Firedancer upgrade, developed by Jump Crypto, is designed to significantly improve Solana’s transaction processing capabilities and overall network resiliency. Firedancer could potentially enable Solana to process millions of transactions per second, well beyond current capacity. This upgrade will further solidify Solana’s position as a high-performance blockchain.
