Solana hits 14.2B non-vote transactions in Q3
Solana (SOL)
Editor:
Eugene Serbin
Coinfomania.com reports that Solana processed a record 14.2 billion non-vote transactions during the third quarter of 2026. This volume represents a 45% increase from the previous quarter, highlighting growing adoption and network efficiency. CryptoTwitter commentator @solana shared the data to underscore the blockchain's expanding role in the industry.
The surge demonstrates Solana's capability to handle large transaction volumes with speed and low costs. This performance marks a major milestone for the network's appeal among users and developers. The growth suggests strong underlying demand for Solana's decentralized finance infrastructure.
Traders are watching to see if this efficiency helps Solana challenge Ethereum's market dominance. The achievement positions Solana as a significant player amidst mixed signals across broader market trends. Continued infrastructural enhancements could pave the way for further ecosystem developments. These metrics reflect continuous increases in user engagement and network activity.
How the market reacted
Whalio's own Binance spot order flow for SOL, measured when this story was written up on 3 October 2026. Not the outlet's figures.
Solana is trading at $118.65 with a 24-hour buy ratio of 51.1%, indicating a slight majority of buyers over the full day. However, shorter timeframes show weaker sentiment, with the 1-hour buy ratio at 45.0% and the 4-hour ratio at 47.7%. This drop in shorter-term ratios suggests that immediate buying pressure is fading compared to the daily average. The 24-hour volume delta is positive at $8,611,160, showing net inflows over the day, but the 1-hour delta is -$352,650. Volume delta measures the difference between buy and sell volume; a negative delta means sellers are currently dominating the flow. The 24-hour CVD closed at -$9,040,694, indicating that despite the buy ratio, cumulative selling pressure has outweighed buying over the period.
The latest daily buy ratio of 48.8% sits at the 27th percentile of the last 322 days, against a median of 50.0% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for SOL, averaged over the days leading up to the story.
Over the preceding week, Solana saw a 7-day average buy ratio of 51.3%, which is 0.2 points higher than the latest day's reading. Trading volume was 1.23 times the average, indicating significantly higher activity than usual for this period. The price dropped 2.9% over eight days, despite a total volume delta of +$81,374,479 for the week. Net buying occurred on 5 of the 7 days, showing that buying pressure was present but not consistent. This day is slightly less bullish than the weekly average, as the buy ratio dipped marginally while volume remained elevated.