coin-img-ETHETH-2.59%coin-img-BTCBTC-1.99%coin-img-SOLSOL-3.15%coin-img-XRPXRP-1.77%coin-img-TOMTOM+29.90%coin-img-BENZBENZ+870.60%coin-img-USDCUSDC-0.01%coin-img-RAVERAVE-92.56%coin-img-ETHETH-2.59%coin-img-BTCBTC-1.99%coin-img-SOLSOL-3.15%coin-img-XRPXRP-1.77%coin-img-TOMTOM+29.90%coin-img-BENZBENZ+870.60%coin-img-USDCUSDC-0.01%coin-img-RAVERAVE-92.56%coin-img-ETHETH-2.59%coin-img-BTCBTC-1.99%coin-img-SOLSOL-3.15%coin-img-XRPXRP-1.77%coin-img-TOMTOM+29.90%coin-img-BENZBENZ+870.60%coin-img-USDCUSDC-0.01%coin-img-RAVERAVE-92.56%coin-img-ETHETH-2.59%coin-img-BTCBTC-1.99%coin-img-SOLSOL-3.15%coin-img-XRPXRP-1.77%coin-img-TOMTOM+29.90%coin-img-BENZBENZ+870.60%coin-img-USDCUSDC-0.01%coin-img-RAVERAVE-92.56%

Solana logs first $1.1T quarter in Q1 2026 as network activity surges while $SOL lags

Solana recorded its first $1.1 trillion quarter in Q1 2026, according to Artemis, up about 29% from $850B in Q4 2025 and nearly double Q3 2025's $600B. The network processed 25.3 billion transactions during the quarter, the highest among major blockchains. User activity also climbed. Daily active addresses reached 3.78 million, a 72% jump from the 2.2 million average in Q1 2025. Unique token holders set a new high at 167 million in April. Despite the stronger on-chain metrics, $SOL is trading around $88, down more than 30% year to date and about 65% below its 52-week high of $247 in September 2025. The widening gap between network fundamentals and token performance has become a central theme in crypto markets. Institutional demand is still building. Spot $SOL ETFs now hold more than $1B in AUM, and prospective Fed Chair Kevin Warsh was recently disclosed as a $SOL holder, a stake that would require divestiture.
SOL
SOL-3.10%
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