TLDR:
- Solana reached 839 active TPS in August, outpacing Binance Smart Chain sixfold in network speed.
- Solana topped 51M unique wallets while Aptos led multi-day active wallet counts in August.
- Solana captured over 97% of tokenized stock volume since xStocksFi launched June 2025.
- Solana led memecoin market cap at $133.3M, four times higher than Base in August 2025.
Solana maintained its strong presence across Layer 1 and Layer 2 networks in August 2025. Its performance spanned transactions per second, wallet activity, tokenized stocks, and DEX trading volume.
The blockchain recorded 839 active TPS, capturing market attention for speed and throughput. Meanwhile, Solana also led unique wallet growth and memecoin market capitalization. These developments highlight the chain’s ongoing influence in the crypto ecosystem, according to data shared by Syndica on X.
The report indicated Solana’s network activity remained robust despite rising competition from Aptos, Polygon, and Base. While Aptos excelled in multi-day active wallets, Solana sustained top positions in single-day usage and transfer counts.
Polygon surged in real-world asset activity, surpassing Solana in growth rate, though Solana maintained a strong second place. The chain’s dominance in tokenized stocks further reinforced its leading position in market volume.
Solana Performance Metrics: TPS, Wallets, and Tokenized Stocks
Solana achieved 839 active TPS in August, surpassing Binance Smart Chain by six times, according to Syndica. This positioned the network as the fastest among major Layer 1 chains. In wallet metrics, SOL reached 51 million unique wallets, though Aptos led in multi-day active wallet numbers. Analysts noted that these metrics illustrate Solana’s broad adoption and active user base.
In tokenized stocks, Solana dominated the sector following xStocksFi’s launch on June 30, 2025. Over 97% of tokenized stock volume occurred on SOL, signaling a concentrated market preference.
Stablecoin activity also grew on Solana, ranking third in supply with 260 billion across chains. Transfers on the chain outpaced others, while DEX volume captured 35% of the market, slightly ahead of Ethereum at 34%.
SOL also sustained the long tail of digital assets in Q3 2025, with at least 40% of DEX volume derived from “Others” categories. Bitcoin trading activity on Solana expanded, with BTC utilization increasing relative to supply.
Despite Base surpassing Solana in memecoin launches, Solana’s memecoin market retained higher capitalization and trading volume, reaching $133.3 million versus Base’s $32.7 million.
1/ 🔥 Solana is squarely in the lead against all other chains.
In August Solana boasted 839 active TPS, 51M unique wallets, and over 97% of tokenized stock volume.
Here’s why Solana is dominating Layer 1 & 2 activity 🧵 pic.twitter.com/SQWWw6HNac
— Syndica (@Syndica_io) September 18, 2025
NFTs, Bridge Volume, and Parallel Chains
SOL ranked among top chains in NFT activity, securing third place for trade volume and trader counts. Ethereum led in volume, while Base led trader numbers.
From January to August 2025, SOL and Ethereum accounted for nearly two-thirds of total bridge volume across chains. Bridge activity peaked in July, driven by BSC and Ethereum.
Parallel chains, which handle transactions simultaneously, maintained advantages over EVM-based networks like Ethereum. They averaged five times higher STPS and produced blocks in 0.33 seconds, roughly nine times faster than EVM chains.
These metrics highlight Solana’s effective throughput and capability to handle high-volume transactions efficiently.
Solana’s August performance shows a combination of high TPS, active wallets, tokenized stocks dominance, DEX volume, and memecoin leadership. Data from Syndica reinforces that while competitors are growing, SOL continues to hold a lead across multiple crypto segments.
