Solana has reported processing approximately 70 million daily transactions and achieving $143 billion in decentralized exchange (DEX) volume throughout October 2025. The network, supported by 1,295 validators across 40 countries, boasts a Nakamoto Coefficient of 20 and a throughput of 1,100 transactions per second. In comparison, Ethereum processed fewer than 1.2 million daily transactions during the same period, with most DeFi activity shifting to layer-2 rollups. Solana's single-layer architecture helps avoid fragmentation and maintain stable fees, as noted by Nansen analyst Jake Kennis. The network is also enhancing its performance with stake-weighted Quality of Service (QoS) and testing the Firedancer client to boost client diversity.