Anatoly Yakovenko, co-founder of Solana, revealed that the network processed a staggering 2.9 billion transactions in August 2025, surpassing Ethereum’s lifetime total. This remarkable milestone highlights Solana’s growing scalability compared to its competitor. The volume represented a significant year-over-year increase of 46%, reaching more than four times the combined activity of all other chains. 83 million active users on the Solana blockchain also doubled from last August, showcasing robust user engagement. These record figures come alongside substantial revenue growth, exceeding $148 million in applications fees for August, a jump of 92% compared to the previous year. This surge in activity has bolstered the overall momentum of Solana’s ecosystem.