Solana: 25.3 billion transactions later, is SOL still undervalued?
Solanahas posted all-time highs in volumes throughout the board! However has this surge translated into worth for the native token?
Right here’s the rundown.
Solana dominated Q1 2026
The platform was the clear chief in blockchain exercise throughout Q1 2026, with an enormous 25.3 billion transactions. The dimensions of that lead is very large, with BNB Chain [BNB] in second, posting a comparatively meager 1.7 billion.
TRON [TRX] additionally recorded 978 million, leaving Solana far ahead of each main community within the area. Even different high-activity chains comparable to Polygon [POL] and Aptos [APT] remained within the 700 million vary, with the remainder of the highest 10 staying beneath 500 million.
Solana PreStocks quantity crashes data
The ecosystem can also be seeing growth in newer market segments. The every day PreStocks spot DEX quantity has surged to an ATH of $28.65 million on the eleventh of April; a milestone for tokenized asset exercise on the community.
A lot of this quantity was concentrated in non-public pre-IPO names, with OpenAI accounting for 69%, adopted by SpaceX at 12.6% and Anduril at 9.1%.
Actual-world monetary exercise is increasing, being routed via Solana. Coming proper after its document Q1 transaction depend, the spike strengthens the case.
SOL but to verify a breakout
Regardless of the aforementioned sturdy ecosystem metrics, the value chart says the market continues to be ready for affirmation. At press time, Solana [SOL] was buying and selling at $83.11, holding above the $83 assist zone after a modest 1.93% every day acquire.
Nonetheless, RSI was at 47.77, protecting SOL at a neutral-to-slightly weak vary relatively than a clear push up. The CMF was at -0.13, so capital retains flowing out. Shopping for stress has not totally caught up with the community’s obvious elementary progress.
In conclusion, whereas Solana’s exercise stays sturdy, worth motion continues to be lagging.
Closing Abstract
- Solana led all blockchains in Q1 2026 with 25.3 billion transactions!
- It additionally hit a document $28.65 million in PreStocks every day quantity.
