Solana Hits 1B Non-Vote Txs in a Week While SOL Inflation Still Outruns ETH and HYPE 📊

Solana processed 1 billion non-vote transactions over the past week, marking the first time the network has crossed that threshold. According to Chainspect, the network is currently handling roughly 1,500 transactions per second on a 1-hour average, about 41 times Ethereum's throughput. Finality on Solana sits at approximately 12.8 seconds, compared with 12 minutes 48 seconds on Ethereum, a 98.3% reduction in confirmation time.

The throughput gains follow the Alpenglow upgrade, which reduced finality to 100–150 milliseconds and pushed the network closer to Web2-level responsiveness. Circle has minted more than $64 billion in USDC on Solana, underscoring the network's expanding role in stablecoin settlement.

Jito, in a recent post on X, argued that Solana's next growth phase will come less from higher throughput and more from a stronger "market layer" focused on liquidity, transaction execution, and capital efficiency, without changing the underlying execution layer.

Despite those execution gains, SOL's tokenomics continue to lag peers. On-chain data puts annualized supply growth at 3.76% for Solana, 0.83% for Ethereum, and 0.14% for Hyperliquid, leaving $SOL with the highest inflation rate among the three.