Solana and BNB Chain Lead The Biggest Blockchain Week: Details
2025-07-20 05:00:32
Main Idea
The cryptocurrency sector has seen a record 340 million transactions in a seven-day period, with Solana leading in transaction volume and BNB Chain in daily active users, while significant developments like the first Solana Staking ETF and potential Spot Solana ETF approvals highlight growing institutional interest.
Key Points
1. A record 340 million transactions were registered in a seven-day period in the cryptocurrency sector.
2. Solana holds 59.46% of the transaction volume, followed by BNB Chain at 18.76% and Tron at 4.68%.
3. BNB Chain leads in daily active users despite being second in transaction volume.
4. The first Solana Staking ETF in the US has launched, surpassing volumes of futures ETFs tracking SOL and XRP.
5. A Spot Solana ETF may be fast-tracked for approval, with the SEC requesting S-1 filings by the end of July.
Description
Blockchain network reached a new milestone by hitting a weekly record of over 340 million transactions, the highest ever registered in a seven-day period. This historic high is likely signaling growing user engagement and renewed optimism for the cryptocurrency sector. Deeper Dive Into The Stats According to data from analytics company Dune, the lion’s share of transaction volume is split between Solana and BNB Chain. The memecoin-popular Solana network is far ahead, holding 59.46% of the volume...
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