Data from Odaily Planet Daily shows that the number of active addresses on the Solana chain hit a record high in July, reaching 54.33 million, a significant increase of 151% from 21.6 million at the beginning of 2024. Additionally, the network’s non-voting transaction count also peaked at 1.3 billion in July, indicating active on-chain activity. The upcoming Firedancer upgrade is expected to push this network's performance to new heights. This alternative client deployment was developed by Jump Crypto to significantly increase Solana’s transaction processing capabilities and overall network resiliency. Firedancer could potentially enable Solana to process millions of transactions per second, well beyond its current capacity. This upgrade will further solidify Solana’s position as a high-performance blockchain. (The Block)