Solana Surpasses Ethereum in On-Chain Activity, Grayscale Names it the Most Active Blockchain

In a recent analysis, Grayscale Research has declared Solana to be the most active blockchain network within its ecosystem. This claim is backed by Solana’s impressive metrics of user participation, transaction volume, and on-chain activity. The report highlights that Solana currently boasts over 500 decentralized applications (dApps), spanning DeFi, gaming, infrastructure, and social media. The rapid growth of the Solana ecosystem, alongside significant staking returns for its SOL token, has contributed to a surge in user engagement and developer activity.