Solana processed in October a transaction volume equivalent to Ethereum’s entire historical activity, according to Anatoly Yakovenko. The network operates with a single “state machine,” eliminating the need for extra layers and allowing payments, DeFi, and apps to coexist in the same environment.
The co-founder highlighted that Solana’s efficiency, combined with the adoption of AI and regulated stablecoins following the 2025 GENIUS Act, will drive the next phase of Web3. The stablecoin ecosystem could grow from $250 billion to $10 trillion, according to projections, boosting liquidity and overall development in the crypto market.
SOL trades around $160 and maintains a market cap of $87.7 billion, retaining its position as one of the top blockchains. The network aims to simplify the developer experience and establish itself as a key infrastructure competitor to Ethereum and other platforms.
Source: https://x.com/solana/status/1988492486038221197
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