<ul><li>Solana's on-chain transfer volume reaches new all-time high, indicating increased network usage and acceptance.</li><li>Glassnode reports a surge in on-chain transfer volumes, reaching almost $224 billion in a single day, boosting confidence in Solana's scalability.</li><li>The rise in transfer volume was driven by a particular wallet address with significant activity, potentially a bot for arbitrage purposes.</li><li>Solana's active addresses reach a record high of 123 million, showing a 42% growth compared to September, driven by increased meme coin trade, dApps, NFTs, and gaming.</li></ul>

Solana’s Network Usage Skyrockets: On-Chain Transfer Volume Reaches New Height

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