Solana Hits Record 4.2 Billion Monthly Transactions, SOL Rises Over 25% Weekly

The Kobeissi Letter reported that Solana recorded a record 4.2 billion on-chain transactions in July, a 13.5% increase from the previous month. SOL reached $96.55, marking a 25.7% gain over the past week with a market capitalization of $56.3 billion.