Solana Breaks Record: 66.9M Daily Transactions | by Saad Jameel | The Capital | Dec, 2024

I couldn’t believe what I woke up to yesterday — Solana just completely blew the roof off with their numbers! On December 17th, they hit this insane milestone of 66.9 million transactions in one day. Just let that sink in for a second. We’re talking about more transactions than every other major blockchain combined. The crypto world is absolutely losing it over this, and honestly, can you blame them?

The whole thing kicked off because of this new token called PENGU (you know, from the Pudgy Penguins NFT project). The moment it dropped, everyone and their mother seemed to jump onto Solana to get a piece of the action. It was wild watching the network handle all that traffic — people minting tokens left and right, trading like crazy, just absolute mayhem.

Get this — their decentralized exchanges pulled in about $5 billion in trading volume that same day. Five. Billion. Dollars. If anyone was still doubting whether Solana could hang with the big dogs in the Web3 world, I think this pretty much settles it. The platform just works, plain and simple.

Of course, you’ve got the market experts doing their thing, telling everyone to keep their heads straight. And yeah, they’ve got a point — the crypto world can be a real rollercoaster, and nobody should be throwing their life savings at tokens without doing their homework first. But come on, you can’t help but get excited about what this means for blockchain tech.

Bottom line? Solana just showed everyone what’s possible in this space. Whether you’re a crypto skeptic or a die-hard believer, you’ve got to admit — this is pretty impressive stuff.