Solana had a stronger third quarter in 2026. Revenue, transactions, trading volume and tokenized assets all grew compared with the second quarter.
This article collects the main Solana statistics from Q3 and September 2026. The figures come from Blockworks, the Solana Foundation, Solana Compass, Castle Labs, RWA.xyz and other reports.
Each section covers one part of the network, from application revenue to price forecasts. The numbers show growth, and they also show where the risks sit.
Sources define their metrics in different ways, so totals for the same topic can differ. Where that happens, this article names the source and explains the gap.
Solana Q3 2026 at a Glance
Blockworks published its Q3 2026 Solana report on October 15, 2026. It showed real economic value (REV) rising 48% from the second quarter to $75.7 million. This was the first quarterly increase in REV since Q4 2024.
Application revenue also rose 48%, to $299.1 million. That is the highest quarterly total since Q3 2025.
Trading measures grew as well. Decentralized exchange (DEX) volume rose 23% to $197.2 billion. Tokenized equity trading reached a quarterly record of $7.1 billion, up 40% from Q2.
Metric
Q3 2026
Change vs Q2 2026
Real economic value (REV)
$75.7 million
+48%
Application revenue
$299.1 million
+48%
DEX volume
$197.2 billion
+23%
Tokenized equity trading volume
$7.1 billion
+40%
Completed non-vote transactions
8.78 billion
+23.3%
Sources: Blockworks (REV, application revenue, DEX volume, tokenized equities); Solana Compass (transactions).
REV measures selected value from network activity, such as transaction fees and priority fees. Application revenue is different, because apps earn it and not the Solana protocol. The two figures should not be added together.
Figure 1: Solana growth in Q3 2026 compared with Q2 2026 across five measures.
Solana Application Revenue Statistics
Applications on Solana earned $299.1 million in Q3 2026. That is 48% more than in Q2. The number counts what apps earn from their users.
The growth built up month by month. Application revenue was $75.4 million in July, $106.5 million in August and $117.1 million in September. September was the strongest month since January 2026.
REV moved in the same direction. Blockworks reported $30.1 million of REV in September alone. That is about 40% of the $75.7 million earned in the whole quarter.
Application revenue is not the same as SOL token revenue. An app can earn more money without that money flowing to SOL holders. The token gains value through transaction fees and other network-level links.
Month
Application revenue
Change from prior month
July 2026
$75.4 million
Not available
August 2026
$106.5 million
+41.2%
September 2026
$117.1 million
+10.0%
Source: Blockworks. Monthly changes are calculated from the reported figures.
Figure 2: Solana application revenue rose each month in Q3 2026.
Which Apps Earn the Most Revenue on Solana
Revenue is spread across several apps, but one app leads by a wide margin. Pump generated $121.5 million in Q3, about 41% of all application revenue.
Collector Crypt followed with $35 million. Fomo earned $24.9 million, Pacifica earned $18 million and Axiom earned $16.2 million. Together these five apps earned $215.6 million, or about 72% of the total.
Growth was not limited to the biggest names. Fomo’s revenue quadrupled from Q2. Axiom’s revenue grew 65%.
Still, revenue sits with a small group of platforms. If one of them loses users, the total could change quickly. Analysts often watch this kind of concentration as a risk.
App
Q3 2026 revenue
Share of total
Pump
$121.5 million
40.6%
Collector Crypt
$35.0 million
11.7%
Fomo
$24.9 million
8.3%
Pacifica
$18.0 million
6.0%
Axiom
$16.2 million
5.4%
All other apps
$83.5 million
27.9%
Source: Blockworks. Shares and the ‘All other apps’ line are calculated from the $299.1 million total.
Figure 3: Pump earned about 41% of Solana application revenue in Q3 2026.
Solana Transaction Statistics
Solana completed 3.18 billion non-vote transactions in September 2026, according to Solana Compass. It was the third monthly record in a row. The Q3 total was 8.78 billion, which is 23.3% above the 7.13 billion in Q2.
Non-vote means validator votes are left out. Votes are part of how the network reaches agreement. Leaving them out shows activity by users, apps and bots.
Blockworks analyst Sam Schubert counted about 3.2 billion successful non-vote transactions in September, up 7.5% from August. His Q3 total was 8.92 billion. That is 1.6% above the Solana Compass count, and both datasets show a record.
Schubert described Q3 as 18% above the prior quarterly high in his series. Solana Compass reports 23.3% because its data starts in December 2025 and it compares Q3 with Q2. The two percentages use different baselines.
Reverted transactions fell in September. A reverted transaction runs and then rolls back, often because a trader’s price limit was hit. These dropped 30%, from 2.19 billion in August to 1.52 billion in September.
As a result, the share of non-vote transactions that completed rose from 57.3% to 67.6%. Solana Compass treats completed transactions as the stricter test of work done for users. High counts can still include bots and short-term trading.
Measure
August 2026
September 2026
Completed non-vote transactions
2.93 billion
3.18 billion
Reverted non-vote transactions
2.19 billion
1.52 billion
All non-vote transactions
5.12 billion
4.70 billion
Completion rate
57.3%
67.6%
Source: Solana Compass.
Figure 4: Completed non-vote transactions on Solana rose every month from May to September 2026.
Solana DEX Volume Statistics
Blockworks reported that DEX volume rose 23% in Q3 to $197.2 billion. The Solana Foundation put September DEX volume at $78.33 billion, up from $65.29 billion in August. That is a 20% rise.
Other sources give different totals. DefiLlama counted about $78 billion in September, based on the DEXs it lists. Solana Compass counted $184.1 billion of spot swaps over 1.17 billion trades, across 95 programs and more than 1.6 million markets.
The gap comes from method. Solana Compass counts every spot swap its tool sees, including circular and bot-driven trading. Bitquery classified $117.7 billion, or 58%, of Solana DEX volume from August 24 to September 22 as circular or bot-like.
Aggregators routed 27.1% of the September volume counted by Solana Compass. Readers who compare DEX figures should check which source and method sit behind each number.
Source
Period
Figure
Blockworks
Q3 2026
$197.2 billion
Solana Foundation
August 2026
$65.29 billion
Solana Foundation
September 2026
$78.33 billion
DefiLlama
September 2026
About $78 billion
Solana Compass
September 2026
$184.1 billion
Bitquery (circular or bot-like)
Aug 24 to Sep 22
$117.7 billion (58%)
Figure 5: Solana DEX volume for September 2026 ranges from $78.3 billion to $184.1 billion, depending on the source.
Solana Stablecoin Supply Statistics
The Solana Foundation’s September ecosystem report put stablecoin supply at a record $17.51 billion. Its payments review reported $17.3 billion on September 25.
Supply and transaction volume are different measures. Supply is the value of stablecoins on the network at one point in time. Volume is the value moved over a period, so supply can stay flat while volume changes a lot.
Traders use stablecoins to move between positions without converting back to cash. DeFi apps use them for lending, collateral and liquidity. Businesses use them to move dollars across borders and outside banking hours.
Payments news added to the picture in September. Column integrated stablecoins into its banking core, so businesses can convert between supported stablecoins and dollars on the same ledger used for ACH, wires and SWIFT.
Open USD also launched on Solana on September 30. Its reserves are held at BlackRock, Lead Bank and BNY.
Supply alone does not show how the money is used. Some balances sit idle or support leveraged trades. Transfer activity, active users and payment volume give a fuller view.
Figure 6: Stablecoin supply on Solana was about four times the value of its tokenized real-world assets in September 2026.
Solana Tokenized Real-World Asset Statistics
Castle Labs research shows Solana’s tokenized real-world asset (RWA) market grew from about $700 million to $4.3 billion in a year. That is a gain of about $3.6 billion, or 514%. The figures leave out conventional stablecoins such as USDC and USDT.
Ethereum is still much larger. Its tokenized asset base grew from $15.5 billion to $16.6 billion, a rise of 7.1%. Solana’s RWA market is now about 26% of Ethereum’s, up from about 4.5% a year earlier.
RWA.xyz data cited in an October 1 SEC filing by Forward Industries put Solana’s distributed RWA value at about $4.3 billion on September 30. That was up from more than $3.3 billion at the end of June, or roughly $1 billion in one quarter.
The Solana Foundation reported $4.6 billion across more than 3,000 assets. That is a different snapshot and may cover different assets.
Growth spans Treasuries, investment funds, equities, private credit and insurance products. OnRe’s tokenized reinsurance asset, ONyc, rose from $203.4 million on June 30 to $286.2 million on September 30.
Value changes can reflect new issuance, redemptions and price moves in the underlying assets. They are not the same as net investment inflows. Tokenized assets also depend on issuer obligations, custody and regulation.
Measure
One year earlier
October 2026
Change
Solana tokenized RWA value
$0.7 billion
$4.3 billion
+514%
Ethereum tokenized asset value
$15.5 billion
$16.6 billion
+7.1%
Solana as a share of Ethereum
About 4.5%
About 26%
Not applicable
Source: Castle Labs, reported by FinanceFeeds.
Figure 7: Solana’s tokenized asset value grew far faster than Ethereum’s over the past year, from a much smaller base.
Solana Tokenized Equities Statistics
Tokenized equities are shares of listed companies issued as tokens that can trade around the clock. Trading value on Solana reached a record $7.1 billion in Q3 2026, up 40% from Q2.
The Solana Foundation’s October 6 report said tokenized stock supply reached about $684 million in September. That was up 47% over three weeks. Trading volume for the month was about $4.4 billion.
Holder counts vary by provider. The Foundation reported one million holder wallets. Token Terminal data shared on October 1 showed more than 1.2 million wallets, a new high.
Crypto Briefing also reported more than 1.2 million holder wallets across the ecosystem, including Raydium and xStocks. The report said regulation, ETF approvals and partnerships will shape future growth.
SolanaFloor, citing Blockworks, reported that Solana carries more than 32% of daily tokenized equity trading volume across chains. BNB Chain holds 27% and Robinhood Chain holds 25%. The xStocks platform has issued 74% of Solana’s tokenized equities.
This market is young. Trading volume can rise and fall quickly with market mood, so a record quarter does not guarantee a repeat.
Metric
Figure
Source
Q3 2026 trading value
$7.1 billion (+40%)
Blockworks
September trading volume
About $4.4 billion
Solana Foundation
September token supply
About $684 million
Solana Foundation
Holder wallets
1 million to 1.2 million
Foundation; Token Terminal
Share of xStocks in Solana equities
74%
SolanaFloor
Figure 8: Solana carries more than 32% of daily tokenized equity trading volume, ahead of BNB Chain and Robinhood Chain.
SOL Price and Market Value Statistics
SOL traded between about $102 and $105 in mid-October 2026. The KuCoin ticker showed $104.72 on October 16. 24/7 Wall St. reported a price near $102 and a market value of about $60.2 billion on October 15.
October began near $118, peaked at about $124 and fell as low as $102. The price is still about 64% below the all-time high of $293.31, set on November 6, 2021. Solana traded near $149 in January 2026.
XRP traded at $1.31 with a market value of about $82.6 billion. That put it roughly $22 billion ahead of Solana. According to 24/7 Wall St., Solana would need to gain about 37.3% against XRP to pass it.
Recent moves against XRP have been mixed. Over 30 days, Solana gained 2.7% while XRP fell 5.6%. Over the last week, Solana fell 9.8% and XRP fell 6.3%.
Fund flows have been weak this month. SoSoValue data showed US Solana funds had withdrawals in nine of ten October sessions. Earlier, US Solana ETFs took in money for 14 straight weeks, their longest run yet.
The price also fell 5.1% to $102.19 after a September CPI reading of 3.7%, which was higher than expected. A network upgrade called Alpenglow is set for October 21 and aims for about 150 millisecond finality. A faster network does not automatically mean a higher price.
Measure
Figure
SOL price, October 15 to 16
About $102 to $105
SOL market value
About $60.2 billion
XRP market value
About $82.6 billion
Gap to XRP
About $22 billion
Gain needed against XRP
About 37.3%
All-time high (November 6, 2021)
$293.31
Sources: KuCoin, 24/7 Wall St., CoinStats.
Figure 9: SOL fell from a peak near $124 to about $102 in October 2026 and remains far below its 2021 record.
Solana Price Forecast Statistics
Price forecasts are estimates, not data about what will happen. The CoinStats forecast page lists projections from banks, research firms and software models. They vary widely.
Standard Chartered, as reported by CoinDesk on February 3, 2026, targets $250 in 2026, $400 in 2027, $700 in 2028, $1,200 in 2029 and $2,000 in 2030. A Finder panel put the end of 2030 at $892. Model-based tools are lower, with CoinCodex at $341.66, DappRadar at $146.41 and Binance at $122.43 for 2030.
For the end of 2026, CoinCodex estimated $140.24 and a Finder panel averaged $182. Changelly gave a 2026 range of $100.14 to $123.59.
The gap reflects different assumptions. Bank models assume Solana wins a growing share of payments, stablecoin transfers and tokenized assets. Technical models lean more on past price behavior.
CoinStats also set out its own scenarios. For 2027 it gave a range of $100 to $400, with an average of $250. For 2030 it gave a range of $250 to $2,000, with an average of $900.
At $2,000 per SOL, Solana’s market value would be about $1.175 trillion using today’s circulating supply of 587 million SOL. CoinStats says that is about 17.8 times the market value it used in its report.
Source
Forecast
Date published
Standard Chartered
$250 (2026), $2,000 (2030)
Feb 3, 2026
Finder panel
$892 (end of 2030)
Apr 28, 2025
VanEck
$9.81 bear, $335 base, $3,211.28 bull (2030)
Oct 27, 2023
Stealthex
$180 (2026), $800 (2030)
Aug 13, 2026
CoinCodex
$140.24 (2026), $341.66 (2030)
Sep 17, 2026
Changelly
$100.14 to $123.59 (2026)
Sep 16, 2026
DappRadar
$111.16 (2026), $146.41 (2030)
Aug 28, 2026
Binance
$122.43 (2030)
Sep 17, 2026
Source: CoinStats price prediction page. Older forecasts may no longer reflect their authors’ views.
Figure 10: Solana 2030 price forecasts range from about $122 to $2,000, depending on the source.
What the Solana Numbers Show
Solana’s Q3 2026 data shows growth across several areas. REV and application revenue both rose 48%, transactions set records and stablecoin supply reached $17.51 billion.
Tokenized assets grew from $0.7 billion to $4.3 billion in a year. Tokenized equity trading hit $7.1 billion in the quarter.
The same data shows limits. One app earned about 41% of application revenue, and application revenue does not flow directly to SOL holders. Transaction and volume counts also depend on how each source measures them.
The price tells a different story from the network data. SOL is down from its 2021 high and US Solana funds saw outflows for most of October.
Reports also separate three ideas that are easy to mix up. Application revenue shows what apps earn, protocol revenue shows what the network collects, and token demand shows what buyers pay for SOL. Each can move on its own.
Key items to watch include the October 21 Alpenglow upgrade, revenue spread across more apps, the staying power of stablecoin supply and fund flows. Broader market conditions will matter too.
This article is for information only and is not financial, legal or investment advice.
Sources
Solana Q3 2026 Report: Revenue Jumps 48% as Stablecoin Supply Reaches $16.8B (KuCoin)
Solana Logs Record 3.18B Completed Transactions in September 2026, Capping a Record Q3 (Solana Compass)
Solana’s Tokenized Real-World Asset Market Surges From $700 Million to $4.3 Billion in One Year (FinanceFeeds)
Solana Hits Record $7.1B in Tokenized Equities Volume in Q3 2026 (Crypto Briefing)
Solana Is 37% Away From Passing XRP. Could It Happen by the End of 2026? (24/7 Wall St.)
Solana (SOL) Price Prediction 2026-2030 (CoinStats)
The post Solana Statistics 2026: Q3 Revenue, Stablecoin Supply and Network Growth appeared first on Blockonomi .
