Transactions and active accounts have both spiked back to preFTX levels. Solana transaction count has returned to October levels, according to Messari. The firm has posted a couple of charts showing the transaction count is back to October. Tweets and meme coins may have been a factor behind the recent activity. But volume and movement got back to prefix levels.
Solscan reports that network throughput is around 3,735 transactions per second (TPS). It has had 132 billion transactions on it. Solana’s NFT ecosystem is worth more than 470 million on its floor value and is back to pre-FTX levels too. The total value of the ecosystem is now more than $470 million. Solana is fourth in active addresses over the past week, with 3Sixteen million dynamic addresses.
Ethereum was in fifth place according to these figures 7-DAY ACTIVE ADDRESSES BY BLOCKCHAIN January 11, 2023. Solana’s recent performance was primarily attributed to the airdrop of the meme coin BONK. The closing price for SOL was $17 on Thursday morning. However, it fell a little short there.
