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SOL Solana, a high-speed blockchain network designed for fast and low-cost transactions, processed more than 5.2 billion non-voting transactions in August 2026, setting a record high. 
Solana's non-voting transaction volume reached 5.2 billion in August 2026, setting a record high. Blockchain is essentially a decentralized digital ledger that records every transaction on the network-think of it as a public notebook that anyone can read but no one can tamper with. The distinction "non-voting" is crucial. Solana's validators (the computers that keep the network running) initiate millions of automated "vote" transactions every day, simply to confirm that the chain is operating properly. These are background maintenance and not actual usage. Non-voting transactions remove these distractions and retain only activity that actually comes from users, applications and services on the network. This is the most direct indicator of how the chain handles real needs.
The previous record was just set a month ago. In July 2026, the volume of non-voting transactions was approximately 4.24 billion, while the August figure meant a 23% increase in one month. 
July's 4.2 billion non-voting transactions maintained the previous record until August surpassed it. In contrast, for most of 2023 and early 2024, Solana's monthly non-voting transaction volume hovers between 1 billion and 2 billion, with occasional flat periods falling below 1 billion. The August figure is more than double the typical throughput of the network just 18 months ago.
Successive records
The size of stablecoins has grown in tandem with its activities. The Solana Network's stablecoin landscape has also expanded with the surge in transaction volume. stablecoins are digital tokens that anchor legal currencies such as the US dollar and are often used for payments, transactions and value transfers on blockchain networks. According to data, the supply of stablecoins in circulation on Solana reached approximately US$14.7 billion in August 2026, compared with approximately US$5 billion a year ago, almost tripling in twelve months. The supply of stablecoins on Solana reached US$14.7 billion in August 2026, almost tripling from a year ago. The milestone came just days after Solana's first validator governance vote, when two of the three proposals were approved, including a plan to double the rate at which new SOL token issuances are reduced each year.
