Solana (SOL) just reported its first ever trillion dollar quarter! Growth has been accompanied by high usage, and it looks like the big players may be coming back… even before the market has completely re-priced SOL.
First-ever quarter of network activity over $1 trillion
Solana’s total economic activity reached $1.1 trillion in the first quarter of 2026, according to Artemis data.
This is the first-ever billion-dollar quarter in the network’s history, demonstrating accelerated usage. As a reminder, Solana managed approximately $600 billion in the third quarter of 2025 and approximately $850 billion in the fourth quarter of 2025.
This didn’t happen overnight. This milestone took years, with a quarter-over-quarter jump of nearly 29%.
Active addresses remain above 5 million
There is more to this usage story.
Solana’s active address count has remained consistently high, even as the price has slowed. According to Glassnode, active addresses at the time of writing were between 5.5 and 5.8 million.
That’s well above the 3 to 4 million range seen through much of late 2025.
What is interesting is that this recovery in activity began earlier in the year, before any repricing. In fact, address activity briefly touched the 6.5-7 million area early this quarter!
AMBCrypto previously reported that Solana also led all major blockchains in the first quarter of 2026 in terms of the number of transactions. The network processed 25.3 billion transactions during the quarter.
This increase in economic activity is not limited to portfolio growth alone. Most recently, the ecosystem also saw a record PreStocks DEX volume of $28.65 million in a single day.
Transfer volumes reach $75 billion
While daily transfers remained largely between $5-15 billion through late 2025 and early 2026, the network has recently seen a huge rise towards the $70-75 billion range!
These numbers stand out. Despite the free fall in prices, capital movements on the chain are resuming. Actual demand has not declined; there is just an obvious delay in this being reflected in the symbolic price.
Final summary
- Solana recorded its first ever $1.1 trillion quarter in Q1 2026!
- Significant capital flows could return before the SOL price revision.
