Introduction

Solana Statistics: Solana (SOL) emerged as a strong leader in 2024, setting the pace in the blockchain ecosystem across several key areas. Its high-performance network gained substantial traction in decentralised finance (DeFi), non-fungible tokens (NFTS), stablecoin transactions, and developer adoption. The Solana blockchain recorded over 200 million transactions per day by early 2024, supported by its lightning-fast throughput of 65,000 transactions per second.

The total value locked (TVL) in Solana's DeFi ecosystem surged past USD 2.5 billion, reflecting growing investor confidence. On the NFT front, Solana hosted over 33 million NFT mints with more than USD 3 billion in total sales volume. Additionally, Solana Pay processed over 1 million transactions in Q1 2024, indicating rising adoption in real-world commerce. The number of active developers contributing to the Solana GitHub repositories reached over 2,500 by March 2024, highlighting increasing interest from the global dev community.

As of April 2024, the Solana token (SOL) traded in the range of USD 130 to USD 160, driven by increased usage and network activity. This article explores key statistics from GitHub and the wider ecosystem that showcase Solana’s rapid growth and technical development. In this article, we deeply seek to address the relevant figures that indicate Solana statistics.

Following NFT hype and growing demand in the DeFi community, the price of cryptocurrency Solana or SOL more than tripled during the summer of 2021. This had all but evaporated by the end of 2022, as a price of 151 U.S. dollars for SOL on Jun 30, 2025, was similar to the price of Solana in early 2021. The collapse of crypto trader FTX in 2022 especially impacted the cryptocurrency, as FTX and its sister firm Alameda Research sold a large amount of the coin to avoid bankruptcy. The Solana protocol is similar to Ethereum in that it can allow for nun-fungible tokens to be created ('minted') or traded. Solana, however, uses a technology called 'PoH' or Proof of History, which allows it to reach high transaction speeds. The Solana Foundation - the creators of the protocol, based in Switzerland - claims they could reach up to 65,000 transactions per second compared to 16 for Ethereum. Additionally, Solano had no transaction fees or 'gas', unlike Ethereum, which had growing transaction costs. These two reasons combined - Solana being deemed cheaper and faster than Ethereum - turned this relatively young protocol into a breeding ground for NFT projects in August 2021.

Dataset Card for Solana Pairs History

This dataset card provides an overview of the "Solana Pairs Price History", a collection of historical data related to Solana liquidity pairs. It is intended for use in research and development of financial models, data analysis, and machine learning applications.

  Dataset Details





  Dataset Description

The dataset contains historical trading data for Solana pairs, with each pair represented as a separate JSONL file. The… See the full description on the dataset page: https://huggingface.co/datasets/horenresearch/solana-pairs-history.

The number of addresses that actively sent or received Solana coins on the blockchain grew by over ****** between October and November 2021. Reaching well over *********** addresses for the month of November, the graphic reveals that network activity was at its highest recorded level since the start of 2021. This is due to the growing popularity of both NFTs and Decentralized Finance (DeFi) combined with the growing transactions fees on Ethereum - the biggest blockchain for both of these activities. The growing gas price for Ethereum led people to find both cheaper as well as faster alternatives, of which Solana is one.

Solana is designed as a high performance blockchain optimized for use cases across finance, NFTs, payments, and gaming. This dataset, built and maintained by the Solana Community as part of the Google Cloud Public Datasets program, captures and publishes block data in near real-time. Data freshness can range between minutes to hours depending on chain activity and transaction volumes.

Solana's trading volume increased significantly on September 7, 2021, compared to the previous and following days due to changes in Ethereum's transaction fees. Indeed, these so-called gas prices from Ethereum increased by around *** percent on that single day. This caused many people to look for cheaper blockchains that - like Ethereum - provide an infrastructure for the development of Decentralized Finance or DeFi applications.

What is Solana?

Solana is a public blockchain platform. It is open-source and decentralized, with consensus achieved using proof of stake and proof of history. Its internal cryptocurrency is SOL. Bloomberg considers Solana to be "a potential long-term rival for Ethereum". Like Ethereum, Solana can interact with smart contracts. On 14 September 2021, the Solana blockchain went offline after a surge of transactions caused the network to fork, and different validators had different views on the state of the network. The network was successfully brought back online early on 15 September. The Solana platform has become increasingly popular as of October 2021 because of the perceived mining efficiency and scalability, i.e., the perception that the blockchain will be relatively easy to use when lots of computers are running it. Particularly, the perceived scalability leads many to think it will be an effective DeFi platform. Solana's scaling capability, comfortably handling roughly 50,000 transactions per second, is also exponentially faster than any major competitor.

Data Description

This dataset provides the history of daily prices of Solana. All the column descriptions are provided. Currency is USD.

The staking values of both Solana and Cardano made up around ** percent of their circulating supply, a percentage significantly higher than for Ethereum. This difference stems from how the cryptocurrencies are created. Ethereum 1.0, similar to Bitcoin, relies on a mechanism called "Proof-of-Work" or PoW, and is similar to mining: Lots of processing power is used to verify transactions on the blockchain and those who do all that verification work — the "miners" — get rewarded with a predetermined amount of crypto. As this process became more energy-consuming and too complicated for individuals to perform — alongside the rapid growth of decentralized finance (DeFi) protocols that demanded even more verifications — another mechanism appeared: "Proof-of-Stake" or POS. Here, people — or "validators" — commit — or "stake" — their own cryptocurrency in an automated system — often a wallet, where people will simply hold their crypto — which at certain times will randomly pick a person who gets to validate a batch of blockchain transactions. Same as before, validation leads to new cryptocurrency as a reward — essentially acting as interest after initial investment. As the amount of crypto needed can be considerable, there are also so-called "staking pools" where groups of people gather the coins needed for — or "delegate" to — an external validator, and still get the rewards. Cardano and Solana only use proof of stake, whereas the relatively new Ethereum 2.0 is also relying on it.

This dataset contains historical price data for the top global cryptocurrencies, sourced from Yahoo Finance. The data spans the following time frames for each cryptocurrency:

BTC-USD (Bitcoin): From 2014 to December 2024 ETH-USD (Ethereum): From 2017 to December 2024 XRP-USD (Ripple): From 2017 to December 2024 USDT-USD (Tether): From 2017 to December 2024 SOL-USD (Solana): From 2020 to December 2024 BNB-USD (Binance Coin): From 2017 to December 2024 DOGE-USD (Dogecoin): From 2017 to December 2024 USDC-USD (USD Coin): From 2018 to December 2024 ADA-USD (Cardano): From 2017 to December 2024 STETH-USD (Staked Ethereum): From 2020 to December 2024

Key Features:

Date: The date of the record. Open: The opening price of the cryptocurrency on that day. High: The highest price during the day. Low: The lowest price during the day. Close: The closing price of the cryptocurrency on that day. Adj Close: The adjusted closing price, factoring in stock splits or dividends (for stablecoins like USDT and USDC, this value should be the same as the closing price). Volume: The trading volume for that day.

Data Source:

The dataset is sourced from Yahoo Finance and spans daily data from 2014 to December 2024, offering a rich set of data points for cryptocurrency analysis.

Use Cases:

Market Analysis: Analyze price trends and historical market behavior of leading cryptocurrencies. Price Prediction: Use the data to build predictive models, such as time-series forecasting for future price movements. Backtesting: Test trading strategies and financial models on historical data. Volatility Analysis: Assess the volatility of top cryptocurrencies to gauge market risk. Overview of the Cryptocurrencies in the Dataset: Bitcoin (BTC): The pioneer cryptocurrency, often referred to as digital gold and used as a store of value. Ethereum (ETH): A decentralized platform for building smart contracts and decentralized applications (DApps). Ripple (XRP): A payment protocol focused on enabling fast and low-cost international transfers. Tether (USDT): A popular stablecoin pegged to the US Dollar, providing price stability for trading and transactions. Solana (SOL): A high-speed blockchain known for low transaction fees and scalability, often seen as a competitor to Ethereum. Binance Coin (BNB): The native token of Binance, the world's largest cryptocurrency exchange, used for various purposes within the Binance ecosystem. Dogecoin (DOGE): Initially a meme-inspired coin, Dogecoin has gained a strong community and mainstream popularity. USD Coin (USDC): A fully-backed stablecoin pegged to the US Dollar, commonly used in decentralized finance (DeFi) applications. Cardano (ADA): A proof-of-stake blockchain focused on scalability, sustainability, and security. Staked Ethereum (STETH): A token representing Ethereum staked in the Ethereum 2.0 network, earning staking rewards.

This dataset provides a comprehensive overview of key cryptocurrencies that have shaped and continue to influence the digital asset market. Whether you're conducting research, building prediction models, or analyzing trends, this dataset is an essential resource for understanding the evolution of cryptocurrencies from 2014 to December 2024.

Global decentralized finance (DeFi) market worth at USD 35.02 Billion in 2024, is expected to surpass USD 1257.38 Billion by 2034, with a CAGR of 43.06%.

Transactions in NFTs were significantly lower in 2024 than during the summer of 2021 when several tokens gained popularity. Most of these transactions were likely related to play-to-earn Vietnamese video game Axie Infinity, which became the world's most valuable NFT collection in August 2021 - although its sales volume did decline since. The gaming segment reported the highest sales volume of the non-fungible token (NFT) market in 2020, with over *** times the sales in sports projects. The overall market cap of NFTs in 2024, however, was noticeably smaller. NFT in 2024: Searching for legitimacy While cryptocurrency and Bitcoin saw their interest surge in early 2024 after the acceptance of Bitcoin ETFs in the United States, the NFT market has been struggling. For the larger audience, non-fungible tokens still seemed to be confusing what they are supposed to do, whereas crypto increasingly found legitimacy. The slowdown in the NFT market led one of the world's largest NFT marketplaces, OpenSea, to lay off large parts of its staff in October 2023. Solana to pave the way for NFTs? One of the blockchain networks that is closely affiliated with NFTs in 2024 is that of Solana. The monthly sales volume of this blockchain outperformed that of Ethereum in ************, causing Solana's market share in the overall crypto market to reach its highest value ever. Solana's position comes from relatively low costs but especially high transaction speeds and the sizable airdrops from multiple projects. This attracted significant amounts of capital, further fuelling the network. Solana's growth may provide the framework for the NFT market as a whole, as it slowly seeks to take over Ethereum's position in this part of the decentralized digital asset world.

The price of the native coin from BNB Chain (formerly BSC) grew by 50 percent in late 2021 but was much lower in 2022. On June 30, 2025, for example, a single BNB coin was worth more than 654.92 U.S. dollars - a value that is very different from the all-time high of 600 U.S. dollars in November 2021. Regardless, Binance Coin ranked in the top 10 most expensive cryptocurrencies in 2022. Noticeable is that the price increase of BNB in November 2021 coincides with a similar price change for Ethereum (ETH) - a cryptocurrency where BNB initially originated in 2017 before coming to its own years later. BNB’s history: From reward token in 2017 to an ecosystem after 2019 As the name suggests, Binance Coin or BNB originally started as an extension of the Binance.com trading platform - the most used cryptocurrency exchange in the world. It initially functioned on the Ethereum blockchain network as an ERC-20 token, offering incentives to owners like reduced trading fees, affiliate rewards, or a lottery ticket system (“Launchpad”) that let users invest in new, Binance-selected crypto projects. In 2019, however, BNB moved away from the Ethereum network and migrated to Binance’s self-developed blockchain: Binance Smart Chain or BSC (called BNB Chain since February 2022). Here, BNB started to support a chain that initially did not focus on hosting decentralized apps but focused on high transaction speed and being able to handle large amounts of traffic. DeFi and GameFi: the main segments for BNB BSC, however, made significant strides in 2021 partly due to traffic overload and high gas prices on Ethereum as well as the growing interest in both Decentralized Finance (DeFI) and NFTs. Much like Cardano, Solana, and Terra, Binance Smart Chain consequently became a valid alternative to Ethereum: The total value locked (TVL) of BNBs blockchain within DeFi, for example, ranked only behind that of Terra and Ethereum in early 2022. Another area where Binance’s blockchain and token play a significant role is that of GameFi - or “play-to-earn” blockchain games that are powered by cryptocurrencies. Some of the more well-known and most popular NFT games like Alien Worlds and Axie Infinity run on the blockchain behind BNB.

The NFT online marketplace is experiencing explosive growth, projected to reach a significant market size. While the provided data states a 2025 market size of $1918.6 million, a realistic CAGR (Compound Annual Growth Rate) considering the volatility and rapid innovation within the NFT space would be in the range of 25-35% for the forecast period (2025-2033). This implies a substantial increase in market value over the next decade. Several factors drive this expansion. The increasing adoption of cryptocurrencies and blockchain technology creates a fertile ground for NFT transactions. Furthermore, the growing interest from both individual collectors and institutional investors fuels demand. The diversification of NFT applications, ranging from digital art and collectibles to in-game assets and virtual real estate, contributes significantly to market expansion. The emergence of new blockchain platforms like Flow and NEAR, alongside established ones such as Ethereum and Binance Smart Chain, offers greater scalability and functionality, further enhancing the market's potential. The B2C segment currently dominates, but C2C marketplaces are rapidly gaining traction, facilitating direct peer-to-peer transactions and fostering a more vibrant community. However, regulatory uncertainty, market volatility, and the potential for scams and fraud remain significant challenges. Overcoming these challenges through robust regulatory frameworks and improved security measures is crucial for sustained growth. The competitive landscape is dynamic, with established players like OpenSea and Rarible vying for market share alongside newer entrants. Geographic distribution reveals a strong concentration in North America and Europe, but emerging markets in Asia Pacific and other regions offer promising growth opportunities. The continued evolution of blockchain technology, the development of innovative applications, and the broadening appeal of NFTs to a wider audience will be key determinants of the NFT online marketplace's future trajectory. The market's success hinges on addressing scalability issues, security concerns, and promoting greater accessibility and ease of use for both creators and collectors. Diversification of NFT applications beyond digital art will also play a crucial role in long-term market expansion and stability.

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Non-Fungible Token (NFT) Market Size 2025-2029

The non-fungible token (NFT) market size is forecast to increase by USD 84.13 billion, at a CAGR of 30.3% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing demand for digital art and collectibles. This trend is further fueled by the growing interest of major brands in NFTs as a new marketing and revenue generation channel. However, the market faces uncertainty due to regulatory ambiguity and the lack of standardization, which may hinder widespread adoption. Companies seeking to capitalize on this market's potential must navigate these challenges effectively by staying informed of regulatory developments and investing in technology and partnerships to ensure the security and authenticity of their NFT offerings. Additionally, collaboration with artists and creators to develop unique and desirable digital assets can help differentiate offerings and build a loyal customer base.
Overall, the NFT market presents a lucrative opportunity for businesses to monetize digital content and engage with consumers in innovative ways, but careful planning and strategic execution are essential to succeed in this dynamic and evolving landscape.

What will be the Size of the Non-Fungible Token (NFT) Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, with new dynamics and applications emerging across various sectors. NFTs, unique digital assets stored on a blockchain, have gained traction in the digital art world, but their potential extends far beyond. NFT governance is a critical aspect of this market, ensuring fair and transparent rules for creating, trading, and owning these tokens. The Solana network, known for its fast and low-cost transactions, has gained popularity among NFT creators due to its efficiency and scalability. The secondary market for NFTs is thriving, with buyers and sellers trading these tokens on various marketplaces. Valuation of NFTs is a complex process, influenced by factors such as rarity, creator reputation, and community interest.

Intellectual property rights and legal frameworks are being established to address the unique challenges posed by NFTs. NFT minting, the process of creating new tokens, is becoming more accessible with the rise of user-friendly platforms. Digital art, a prominent use case for NFTs, is revolutionizing the way artists monetize their work and interact with fans. NFT derivatives, such as options and futures, are being explored to expand the market's potential. Proof of ownership is a fundamental aspect of NFTs, providing buyers with a verifiable and immutable record of ownership. NFT adoption is growing, with use cases ranging from virtual real estate and supply chain management to decentralized applications (dApps) and digital certificates.

The NFT community is a vibrant and diverse group, with enthusiasts, creators, investors, and developers collaborating to push the boundaries of this technology. Ethereum and Polygon networks are popular choices for NFT creation and trading, but other networks, such as Solana, are gaining ground. Gas fees, the cost of executing transactions on blockchain networks, are a concern for some NFT buyers and sellers. Blockchain technology, the foundation of NFTs, continues to evolve, with improvements in scalability and efficiency. NFT auctions, staking, lending, and investment are emerging trends in the NFT market. Digital asset management platforms are offering solutions to help investors manage their NFT portfolios.

NFT fraud is a growing concern, with scams and hacking attempts targeting unsuspecting buyers and sellers. NFTs are also being used in virtual worlds, sports memorabilia, and philanthropy. Interoperability between different NFT platforms is a priority to enable seamless trading and usage of these tokens. Smart contracts, self-executing digital agreements, are being used to automate various aspects of NFT transactions. The NFT market is a dynamic and evolving landscape, with new applications and challenges emerging constantly. As this technology continues to unfold, it is essential to stay informed and adapt to the changing market dynamics.

How is this Non-Fungible Token (NFT) Industry segmented?

The non-fungible token (nft) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Collectibles
  Sports
  Arts
  Others


End-user

  Personal
  Commercial


Type

  Physical asset
  Digital asset
  Physical asset
  Digital asset


Geography

  North America

    US
    Canada


  Europe

    Germany
    UK

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