Key Highlights
- Solana has reached a new all-time high with 167 million monthly token holders.
- The network recently surpassed the 10 billion total transactions in Q1 2026.
- The activity possessed by Solana indicated increased user engagement and trust.
In early April 2026, Solana reached a record high with 167 million unique token holders. This information, originally from the analytics platform Token Terminal, was shared on X (formerly Twitter) by Tokens on Solana on Tuesday.
Despite recent ups and downs in the market and worries about security in the decentralized finance world, the network has continued to grow and gain users. We’ve seen consistent growth since mid-2023, starting with around 70 million users in July. This number steadily increased throughout 2024 and 2025, eventually reaching its highest point.
— Tokens on Solana (@tokens) April 7, 2026
On-chain metrics
Solana currently has 33.9 million monthly active users, according to data from Token Terminal. While this is a 12.1% decrease from the last period, Solana remains one of the most popular blockchains based on user activity.
Solana is currently trading around $80.71, with a total potential market value of $45.9 billion if all tokens were in circulation. Over the last month, $106.1 billion worth of Solana tokens have been traded, generating $17.3 million in fees for the network.
The increasing number of people holding Solana tokens shows growing excitement around the Solana network. Solana has become popular thanks to its fast transaction speeds, low costs, and the rapid expansion of areas like meme coins, stablecoins, and digital assets built on the network.
The improved activity
Solana saw significant growth in the first quarter of 2026, processing over 10 billion transactions – a first for the network. This increase suggests more people and institutions are starting to use decentralized finance applications on Solana.
Meanwhile, Solana is gaining traction with real-world assets. Last month, it actually had more users holding these assets than Ethereum – a first – and saw record amounts of money being lent through RWA platforms.
SolanaFloor data shows the platform currently holds about 5% of the total value of digital assets traded on blockchains. It’s seeing a lot of activity in things like U.S. Treasury bonds and other government debt, particularly on networks like BNB Chain, though Solana is still a key part of this market.
The recent increase in value is likely due to more retail investors, the introduction of new cryptocurrencies, and upgrades to the underlying technology.
What it means
Solana is making progress in areas like AI, decentralized finance, and payments, which suggests growing long-term interest and use of the platform.
Continued growth for Solana depends on strengthening security, keeping users engaged beyond just short-term trading, and consistently providing real-world benefits. Despite recent market challenges in April, the high number of active users suggests a positive outlook.
We’ll be monitoring Token Terminal and blockchain data to see if more people actually start using the platform as the number of users grows.
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2026-04-07 23:49