Non-voting transactions on the Solana network hit an annual high, indicating a significant increase in user activity on the network

According to data from The Block, non-voting transactions on the Solana network have reached a new high for the year. The 7-day moving average of non-voting transaction volume on the Solana network has reached a peak of 34 million. Non-voting transactions usually refer to moving SOL between different Solana accounts. This data m arks a significant increase in user activity on Layer 1 networks.

 

Previous news reported that the number of new addresses and active addresses on the Solana network set records within the year.