Solana Transactions Double to 120M Daily as Network Activity Surges

Solana daily transactions top 120M as Toss Bank prepares a remittance and settlement test using the network.

Solana network activity has continued to rise since the start of the year. Daily transactions have moved from about 60 million in January to more than 120 million today.

The growth comes as Solana attracts more use across payments, trading, and consumer applications. It also adds focus to the network’s role in faster blockchain settlement.

Toss Bank is also preparing to test Solana for global remittance and settlement. The South Korean bank serves about 15 million customers.

Meanwhile, SOL price is facing a key short-term resistance zone. Traders are watching whether the token can clear the $75 area or pull back again.

Solana Network Activity Doubles Since January

Solana’s daily transactions have more than doubled since January. The network has climbed from about 60 million daily transactions to more than 120 million.

This rise shows stronger use across the chain. It also reflects higher activity from apps, traders, payments, and on-chain services.

However, higher activity also brings more attention to network stability. Solana must continue handling demand as transaction volume grows.

The increase places Solana among the busiest blockchain networks. Therefore, traders and developers are watching whether this growth can continue.

Toss Bank Plans Solana Remittance Test

Toss Bank is set to use Solana for a global remittance and settlement proof of concept. The test will focus on faster and cheaper digital finance.

The bank has about 15 million customers in South Korea. As a result, the project could place Solana before a large financial user base.

The test comes as banks study blockchain networks for cross-border payments. Traditional remittance systems can involve slow steps and higher costs.

Solana’s role will center on speed, cost, and reliability. If the test works well, it could support more interest from payment firms.

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SOL Price Faces Heavy Resistance Near $75

SOL recently recovered after a TD Sequential buy signal appeared on Friday. The token rose 8.40%, moving from $68.46 to a high of $74.27.

Even so, the recovery now faces a strong resistance area. The 4-hour chart shows pressure near the TD resistance trendline at $74.65.

That zone also sits close to the 4-hour 200 SMA near $75. Together, these levels create a short-term ceiling for SOL price.

If sellers defend this area, SOL could pull back toward $71. A deeper reset could bring Friday’s low near $68 back into focus.

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