Solana processed 5.2 billion non-vote transactions in August, setting an all-time record for the network. This performance was driven by the SIMD-0286 upgrade on July 29, which increased the maximum compute limit per block by 66%, pushing the daily peak to 171.9 million transactions on August 10, with throughput nearing 2,000 transactions per second. US spot Solana ETFs attracted $1.34 billion in inflows during August, while SOL’s price rose 46% for the month and fee revenue climbed 80% over three months to approximately 9,200 SOL in 7-day average. The SGP-0002 proposal, passed on August 28 with over 67% support, aims to reduce SOL supply by 18.9 million tokens over six years.
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