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On Aug. 4, 2026, Solana (CRYPTO: SOL) broke its all-time record for activity on its blockchain, recording 169.9 million transactions, according to data from Blockworks. Breaking that record has happened repeatedly this year, even as the coin's price fell. As of Aug. 27, it's still 63% below its peak price in January 2025.
So is the coin worth buying now that it's clearly gaining some traction? Or is it better to sell it because its transaction activity hasn't been closely tied to its price this year?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
One of the factors in favor of buying Solana on the basis of its increasing on-chain activity is that the composition of its transaction volume changed a lot this year. In doing so, it supported a core part of the bull thesis.
Tokenized stocks are essentially blockchain tokens that are backed by shares of public companies, and as a group, they're one of the most anticipated drivers of growth on Solana.

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4 days ago

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