Solana Just Set an All-Time Record for Blockchain Network Activity. Does That Make Solana a Buy, Sell, or Hold Right Now?
The coin's recent struggles may soon be in the rearview mirror.
Overview
On Aug. 4, 2026, Solana (CRYPTO: SOL) broke its all-time record for activity on its blockchain, recording 169.9 million transactions, according to data from Blockworks. Breaking that record has happened repeatedly this year, even as the coin's price fell. As of Aug. 27, it's still 63% below its peak price in January 2025.
So is the coin worth buying now that it's clearly gaining some traction? Or is it better to sell it because its transaction activity hasn't been closely tied to its price this year?
Image source: Getty Images.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.