{"id":575904,"date":"2026-03-05T02:30:02","date_gmt":"2026-03-04T21:00:02","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=575904"},"modified":"2026-03-04T19:27:59","modified_gmt":"2026-03-04T13:57:59","slug":"solana-processes-8x-transactions-more-than-bnb-chain-details","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/solana-processes-8x-transactions-more-than-bnb-chain-details\/","title":{"rendered":"Solana processes 8x transactions more than BNB Chain \u2013 Details"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">While the broader crypto market spent February 2026 moving sideways amid global uncertainty, one ecosystem seemed to follow a different path. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">New data from DeFi Dev Corp. (DFDV) shows that Solana [SOL] processed over 3.4 billion transactions in February, marking an 11% increase compared to January.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is noteworthy because during the same period, major networks like Ethereum [ETH] and <a href=\"https:\/\/ambcrypto.com\/predictions\/bitcoin-price-prediction\" target=\"_blank\" rel=\"noopener\">Bitcoin [BTC]<\/a> saw activity slow down as market sentiment weakened.\u00a0<\/span><\/p>\n<h2>How are other chains performing?<\/h2>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/x.com\/defidevcorp\/status\/2028843863260164298\" target=\"_blank\" rel=\"noopener\">Following<\/a> behind Solana is the second-largest network, BNB Chain, which handled around 424 million transactions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This means that <a href=\"https:\/\/ambcrypto.com\/predictions\/solana-price-prediction\" target=\"_blank\" rel=\"noopener\">Solana<\/a> processed about eight times more activity than its closest competitor, dwarfing other networks&#8217; on-chain activity.<\/span><\/p>\n<figure id=\"attachment_575912\" aria-describedby=\"caption-attachment-575912\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/Solanas-total-transaction-scaled.webp\"><img decoding=\"async\" class=\"wp-image-575912 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/Solanas-total-transaction-scaled.webp\" alt=\"Solana's total transaction\" width=\"2560\" height=\"1348\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/Solanas-total-transaction-scaled.webp 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/Solanas-total-transaction-300x158.webp 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/Solanas-total-transaction-1024x539.webp 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/Solanas-total-transaction-768x405.webp 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/Solanas-total-transaction-1536x809.webp 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/Solanas-total-transaction-2048x1079.webp 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/Solanas-total-transaction-1200x632.webp 1200w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-575912\" class=\"wp-caption-text\">Source:<br \/>DeFi Dev Corp.\/X<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The data also reveals an important trend within the <a href=\"https:\/\/ambcrypto.com\/predictions\/ethereum-price-prediction\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a> ecosystem wherein Ethereum\u2019s main network recorded only 62 million transactions, placing it near the bottom of the list.<\/span><\/p>\n<h2>Is Ethereum in trouble?<\/h2>\n<p><span style=\"font-weight: 400;\">Even though Ethereum&#8217;s main network saw significantly fewer transactions, this does not mean the ecosystem as a whole is declining.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Instead, much of the activity has moved to Layer-2 networks, which offer lower costs and faster transactions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, Base, the Layer-2 network backed by Coinbase, processed 316 million transactions, showing strong retail activity. Meanwhile, Arbitrum recorded 123 million, and Optimism recorded 68 million, and continued to see stable usage.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This suggests that Ethereum\u2019s biggest competitor may not be another Layer-1 chain. Instead, its own scaling networks are gradually absorbing most of the activity, though even these networks still fall far behind Solana\u2019s transaction volume.<\/span><\/p>\n<h2>Solana witnsses strong institutional push<\/h2>\n<p><span style=\"font-weight: 400;\">Beyond network activity, Solana also saw strong support from institutional investors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Since their launch, Spot Solana ETFs have <a href=\"https:\/\/farside.co.uk\/sol\/#google_vignette\" target=\"_blank\" rel=\"noopener\">attracted<\/a> around $950 million in net inflows with mostly inflow streaks, according to data from Farside Investors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, on the price front, like many assets that struggled to find direction in February, SOL too witnessed a monthly <a href=\"https:\/\/coinmarketcap.com\/currencies\/solana\/\" target=\"_blank\" rel=\"noopener\">decline<\/a> of over 12%, but at press time, it traded around $90.09, rising 7.46% within 24 hours.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, this <a href=\"https:\/\/ambcrypto.com\/is-solana-digital-credit-king-of-2026-saylor-and-circles-q4-data-say\/\" target=\"_blank\" rel=\"noopener\">coincided<\/a> with AMBCrypto&#8217;s report about Solana holding ~53% of the $15.34 billion USDC supply, making it one of the largest hubs for stablecoin activity.\u00a0<\/span><\/p>\n<h2>What is the data saying?<\/h2>\n<p>According to Santiment data, Solana\u2019s Net Realized Profit\/Loss remained largely negative throughout late January and February, with most bars turning red. This signals that many holders were selling their tokens at a loss as prices declined.<\/p>\n<figure id=\"attachment_575913\" aria-describedby=\"caption-attachment-575913\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/SOL-unrealised-loss-and-profit-scaled.png\"><img decoding=\"async\" class=\"wp-image-575913 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/SOL-unrealised-loss-and-profit-scaled.png\" alt=\"SOL unrealised loss and profit\" width=\"2560\" height=\"1440\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/SOL-unrealised-loss-and-profit-scaled.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/SOL-unrealised-loss-and-profit-300x169.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/SOL-unrealised-loss-and-profit-1024x576.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/SOL-unrealised-loss-and-profit-768x432.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/SOL-unrealised-loss-and-profit-1536x864.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/SOL-unrealised-loss-and-profit-2048x1152.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/SOL-unrealised-loss-and-profit-1200x675.png 1200w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-575913\" class=\"wp-caption-text\">Source: Glassnode<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Furthermore, a major spike in early February shows losses nearing $1.3 billion, suggesting a wave of panic selling as SOL dropped sharply from around $140 to below $90. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Since then, the size of the loss bars has gradually decreased, indicating that selling pressure is easing as the price stabilizes between $80 and $90.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This trend suggests that much of the forced selling may already have occurred, with the market entering a more stable phase.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Yet, despite the strong numbers, an important question remains: can this momentum continue in the months ahead, or will market conditions begin to slow it down?<\/span><\/p>\n<hr \/>\n<h2>Final Summary<\/h2>\n<ul>\n<li><em>Processing 3.4 billion transactions in a single month places Solana far ahead of competing blockchains in raw activity.<\/em><\/li>\n<li><em>Realized loss data shows that much of the panic selling may have already occurred, with selling pressure gradually easing as the price stabilizes.<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Why did Solana process 8x more transactions than its closest rival while the rest of crypto slowed down?<\/p>\n","protected":false},"author":66,"featured_media":575932,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,6378,35,360,66,3,4,6376,20],"tags":[],"class_list":["post-575904","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-binance-news","category-bitcoin-news","category-btc-trading-view","category-new-news","category-news","category-social","category-solana-news","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - 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