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Altcoins

Solana reports 8.92B Q3 transactions as SOL trades near $104

Solana posted 8.92 billion Q3 transactions, up 104% from Q4 2025, as SOL held near $104.

CoinDesk AI Desk
· 3 min read
✓ 2 SOURCES CHECKED
Solana reports 8.92B Q3 transactions as SOL trades near $104
Image: Crypto.news

Key takeaways

  1. Q3 set pace. Solana reported 8.92 billion transactions in Q3 2026, up 104% from 4.38 billion in Q4 2025.
  2. Prior quarters trailed. The network logged 7.54 billion in Q1 2026 and 7.19 billion in Q2 before the Q3 rebound.
  3. Price stayed muted. SOL traded near $104 on Oct. 19, with CoinGecko snapshot at $104.21.

What happened

Solana said Q3 2026 activity reached 8.92 billion successful non-vote transactions, with SOL around $104. An Allium-sourced chart places Q3 104% higher than the 4.38 billion seen in Q4 2025. The chart appeared in an Oct. 20 post. The update presents Q3 as the strongest among the periods shown.

For Q1 2026 the network logged 7.54 billion transactions, then 7.19 billion in Q2. That sequence shows a dip between Q1 and Q2 before the Q3 rebound. Q3 was up approximately 24% from the prior quarter, ending the earlier pullback. Co-founder Anatoly Yakovenko acknowledged the milestone briefly on X.

Compass data put Q3 completed transactions at 8.78 billion, which differs from the chart total. Compass data show about 3.18 billion completed non-vote transactions in September. SOL was around the $104 level on Oct. 19, with market value near $61 billion. A CoinGecko snapshot had SOL at $104.21, up 3.3% in 24 hours and down 3.5% across seven days.

$122.11$103.1727 Sep19 Oct

First $122.11Latest $104.74-14.2% over the period

Points are daily observations, not closing prices.

Why it matters

Non-vote counts focus on transfers, applications and trading rather than routine validator votes. Compass counts a transaction as completed when it executes and keeps its results. Compass notes raw swap data cover circular and bot-driven trading. Completion alone does not prove human origin. No source reviewed assigns an organic portion to the 8.92 billion total.

The price action did not mirror the activity record. SOL stayed around $104 while the organic portion stayed unquantified. The current daily fee and revenue window does not show whether quarterly fees rose with counts. That gap leaves open how much of the higher total reflects wider use versus automated activity.

What the data shows

The Allium-sourced series lists 4.38 billion in Q4 2025, 7.54 billion in Q1 2026, 7.19 billion in Q2 and 8.92 billion in Q3. Compass independently indexed Q3 completed non-vote activity at 8.78 billion. September accounted for 3.18 billion in that dataset. The two Q3 totals point in the same direction, though the indexing gap remains.

What is still unclear

  • The organic share of the 8.92 billion total remains unquantified, so the human versus automated split is unknown.
  • The reason for the gap between the 8.92 billion chart total and the 8.78 billion Compass total is not explained.

Questions readers ask

How many transactions did Solana process in Q3 2026?

Solana reported 8.92 billion successful non-vote transactions for Q3 2026. Solana Compass recorded 8.78 billion completed transactions for the same period.

Why do Solana transaction totals differ between sources?

Solana's Allium-sourced chart shows 8.92 billion, while Solana Compass shows 8.78 billion. Compass counts a transaction as completed when it executes and keeps its results, and its raw figures include circular and bot-driven trading.

What was SOL price after the Solana Q3 update?

SOL traded near $104 on Oct. 19, with market capitalization near $61 billion. A CoinGecko snapshot put SOL at $104.21, up 3.3% over 24 hours but down 3.5% over seven days.

Sources · 2 publishers

  1. Crypto.news TIER 2 FIRST REPORT
    Solana reports 8.92B Q3 transactions as SOL trades near $104
  2. U.Today TIER 2
    Solana Achieves 104% Transaction Growth