Solana's on-chain activity exploded in January, with active addresses and transaction volume both hitting new records

LayerZeroHero · 2026-03-02T05:20:59+00:00

In January, the number of active addresses on the Solana network exceeded 50 million, with an average daily transaction volume reaching 87 million transactions, and fee income surpassing $1.1 million, demonstrating strong user engagement and ecosystem growth momentum.

LayerZeroHero

2026-03-02 05:20:59

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According to the latest monitoring by on-chain data analysis platform Nansen, Solana delivered impressive results in January. On-chain activity showed significant growth, with multiple key metrics reaching new highs.

Active Addresses Increase Simultaneously

The number of active addresses on the Solana network saw a substantial rise in January, surpassing 5 million, doubling from the beginning of the month. This growth reflects more users actively participating in various Solana ecosystem activities, from DeFi interactions to NFT trading and daily transfers, indicating a surge in network activity.

Trading Volume Surge Drives Ecosystem Prosperity

Even more notable is the daily trading volume. The average daily transactions on Solana jumped from 52 million at the start of the month to 87 million, an increase of over 67%. Such high-frequency trading activity fully demonstrates Solana’s advantages as a high-performance public chain, with user interactions on the chain becoming increasingly frequent.

Network Prosperity Boosts Fee Revenue

Along with the surge in trading volume, Solana’s transaction fee revenue also increased significantly. Daily fee income has surpassed $1.1 million, reflecting higher network utilization and bringing more rewards to validators and ecosystem participants.

The data for January confirms Solana’s continued strong development trend, with on-chain activity, trading volume, and ecosystem enthusiasm all heating up.

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