The Rise of Solana: Why developers are driving the quietly rising of blockchain
Source: CoinWorld
Time: 2025-09-11 13:24:01
Solana (SOL) has surged in network activity, with daily transaction volumes exceeding 4.5 million, a 22% increase month-on-month, regaining market attention. Developer engagement has also increased, with more than 200 new applications deployed in three months, and the number of active developers has increased by 35% quarterly. Even though the price has risen 15% in 30 days, analysts have mixed opinions on whether this will continue to rise or a temporary pullback. Amid the general volatility of cryptocurrency markets and macroeconomic impacts, Solana's high throughput and low fees continue to attract DeFi and NFT projects.