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Solana's Transaction Claims Are Wild

The Block Whisperer

April 18, 2025 at 12:03 AMby The Block Whisperer

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Solana boasts massive transaction volume, but 75% is network overhead rather than user activity.

Solana's Transaction Claims Are Wild
Web3 insights in your social media feed

Solana just flexed on every blockchain with a casual 355.9 million transactions last week.

That's more than every other chain combined, and the crazy part is that nobody really seemed to take much notice.

That’s because there’s one problem – most of these transactions don't actually count.

The Machine Behind The Numbers

Solana's tech is ridiculous. 65,000 TPS without breaking a sweat.

The whole PoH and PoS combo is practically a cheat code for blockchain throughput.

But Solana's counting things other chains don't even consider transactions.

When Bitcoin reports a transaction, someone's actually moving money. When Solana does it... not so much.

The Truth About Those Numbers

Here's the deal – a whopping 75% of Solana's transactions are just validator votes and network chatter.

It's like counting all the times your phone pings a cell tower as "calls made."

The real metrics show only 25% of these transactions involve a user actually doing something.

Most dashboards now have a "True TPS" filter for SOL to cut through the noise.

Still Cooking Despite The Fine Print

Solana's fees make Ethereum look like highway robbery.

Jupiter and other Solana DEXs are pumping out more volume than anyone expected, sometimes even flipping Ethereum.

Try minting an NFT without taking out a second mortgage, and suddenly Solana makes a lot more sense.

The microscopic fees and instant confirmation are why devs and users are flocking to SOL despite the FUD.

The Reality Check

Comparing Solana's 355M to Ethereum's numbers is like comparing Twitter impressions to Instagram likes.

They're counting completely different things.

Even with that asterisk, Solana's still crushing it in terms of real user activity – just not by the margin the headline numbers suggest.

SOL's price action doesn't seem to care about transaction count controversies anyway.

SOL Still Soaring

The network's doing exactly what it promised – being fast and cheap while other chains are busy explaining why high fees are actually good.

So next time someone drops a "Solana processed more transactions than every other chain combined" stat, hit them with the "but how many were actual transactions?" counter.

While Ethereum devs are explaining why we need another scaling solution, Solana users are just... using blockchain.

And that might be the only metric that actually matters.

#transactions
#blockchain
#solana

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