Anatoly Yakovenko, co-founder of Solana (Sol), spoke on X (formerly Twitter) about the use of Solana's network and its advantages in economic activity. Yakovenko's statement was seen as a response to some criticism of blockchain transaction data.
Yakovenko said Solana's performance is constantly improving thanks to transaction speeds, revealing that 2.9 billion transactions have been processed in August 2025 alone. He argued that the figure represents a significant difference compared to Ethereum (ETH), which saw a total of 2.9 billion transactions since 2015. In other words, according to the founder, Solana reached Ethereum's historic total trading volume in just a month.
The network application generated $148 million in revenue in August, according to data previously shared on the official Solana account. This represents the highest revenue of all blockchain networks, 92% year-on-year increase. Additionally, the number of active wallets doubled year-on-year, with the number of newly issued tokens increasing to 843,000. 357 of these tokens were valued at over $1 million.
Yakovenko argued that this data demonstrates the scalability and growth potential of the Solana ecosystem. His statement was interpreted as a direct response to criticism that Solana was “just an exhibit.”
*This is not investment advice.
