Solana Ecosystem Metrics Signal Recovery Setup

Solana's ecosystem metrics continue to show signs of recovery, according to recent data. Daily transactions remain near 100 million, and non-vote transactions have crossed 1 billion for the first time in early July.

The network's activity remains elevated, with daily active addresses reaching approximately 1.93 million during Q2. Tokenized asset trading has also accelerated, with a 30-day RWA transfer volume of around $8.57 billion.

Solana dApps generated roughly $262 million in revenue during Q2, representing about 41% of all Web3 dApp revenue. The largest contributor was Pump.fun, followed by applications like Jupiter and Raydium.

The price structure for Solana has turned constructive, with the token reclaiming the psychological $78 area and forming a series of higher lows.