Solana News Today: Solana Soars 12.89% as Network Hits 21.883 Billion Transactions

Solana’s price surged by 12.89% within 24 hours between April 3 and April 6, 2025, reaching a peak of $199.20 and closing at $198.14, according to Kraken data [1]. This sharp upward movement placed the cryptocurrency among the top-performing large-cap assets in the short term, drawing significant attention from traders and analysts [1]. At the time of reporting, the asset was priced at $196.13, still reflecting an 11.99% increase for the day [1].

This price jump was accompanied by a notable milestone in network performance. Blockworks Research reported that Solana’s network had processed 21,883 million nonvoting transactions in 2025, marking the highest cumulative total since its launch [2]. The data showed a consistent and accelerating trend in transaction volume, with each of the recent months exceeding 3,500 million nonvoting transactions [2]. Solana’s official account highlighted this achievement as a reflection of the blockchain’s growing operational capacity [2]. A prominent community figure, known as Solana Sensei, emphasized the importance of amplifying positive developments to support continued adoption [2].

The surge in Solana’s price was linked to both strong demand and robust network activity. Analysts noted that Solana’s ability to handle high transaction volumes without performance issues remained a key competitive advantage [3]. The network’s fast processing speed and low fees were identified as major drivers of both price appreciation and increased usage [3]. Additionally, rising trading volume coincided with the price rally, reinforcing the view that growing market interest played a role in the asset’s performance [3].

The price movement and network developments were widely shared in the crypto community, with social media users expressing surprise and optimism. A widely circulated image of an individual reacting with joy to the price jump captured the sentiment of many Solana holders [1]. This reaction highlighted the emotional and speculative nature of the current market environment, as well as the strong community support for the blockchain.

Market observers continue to monitor whether these trends will hold in the coming weeks. While the recent performance is impressive, it remains to be seen whether it will lead to broader adoption or a more sustained bull phase for the asset.

Source:

[1] https://coinmarketcap.com/community/articles/689c3ffb25f4777113d89cd5/

[2] Blockworks