Solana outperforms Ethereum in daily transactions in Q2: Nansen report

Hype does not always equate to greater adoption, as the on-chain data from the second quarter of 2022 shows (SOL) surpassing in users’ daily transactions despite various drawbacks from both macroeconomic conditions and network outages.

Throughout the second quarter, Solana’s daily transactions consistently increased, ending with more than 40 million daily transactions compared to Ethereum’s 1 million daily transactions between April and June, confirmed Nansen’s State of the Quarter Report.

Solana vs. Ethereum daily transaction data. Source: NansenTop Solana DApps by transactions. Source: NansenDaily transactions on Solana. Source: Nansen

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