Solana Sets New Record with 66.9 Million Daily Transactions as PENGU Token Debuts.
Solana has set a new record with 66.9 million daily transactions, coinciding with the debut of the PENGU token by the Pudgy Penguins NFT project. This milestone, the highest since Solana's inception in 2020, underscores the blockchain's growing popularity and efficiency.
The surge in transactions was driven by the launch of the PENGU token, which saw significant interest from the community. The Pudgy Penguins project reported over 100,000 claims in the first hour of the airdrop, with more than 4.7 million website views. The PENGU token debuted with a market cap of $2.3 billion, although it has since seen some fluctuations.
Solana's network activity on this day surpassed the combined transactions of all other major blockchains, highlighting its dominance in the space. The blockchain also led in daily decentralized exchange trading volume and daily active addresses, further cementing its position as a leading platform for Web3 applications.