Solana Network Health Report: Stable operation for 16 consecutive months, significant rise in developers

The Solana network continues to develop, improve, and thrive. This report outlines the health and performance of the network.

major achievements

• The network has maintained 100% normal operation for 16 consecutive months, including during the high load period in January 2025.
• Launching the new validator client Frankendancer
• Set a record for the highest voting participation rate in blockchain history, with nearly 75% of staked SOL participating in the SIMD-228 vote.
• The economic situation of validators has improved, including an increase in block rewards and a significant rise in REV.
• The degree of decentralization remains stable and is at an industry-leading position.

Network Performance

• Continuous 100% uptime for 16 consecutive months
• Replay time significantly improved, consistently maintained below 400 milliseconds.
• The calculation unit ( CU ) limit has been raised to 50 million, and will soon rise to 60 million.
• Successfully processed during high load period in January 2025:
  • Continuous days of single-day transactions exceeding 200 million
  • Wallet downloads exceeded 400,000 times
  • Liquidity inflow exceeds 200 million USD
  • The daily trading volume of DEX reached 39 billion USD.

application revenue

• Application revenue has continued to rise since the third quarter of 2023
• The application revenue in the past two quarters has exceeded $1 billion.
• Solana application revenue is healthy and industry-leading.

Development Tools

The newly launched development tools include:

• Pinocchio: A zero-dependency library for creating Solana programs
• Surfpool: A fast, developer-friendly Solana mainnet simulator
• Solana Proof Service ( SAS ): Used to associate off-chain data with on-chain accounts
• Token expansion: provides advanced configurable features
• Blinks: Interface to convert Solana operations into shareable links

developer rise

• More than 7,600 new developers in 2024, a rise of 83% year-on-year.
• Monthly active developers exceed 3200
• Solana is the blockchain ecosystem with the most new developers joining in 2024.

Validator Health

• There are currently two main validator clients: Agave and Firedancer
• Agave accounts for approximately 92% of the network's staking volume, while Firedancer accounts for about 7%.
• Other clients such as Mithril and Sig are under development.
• The total number of consensus nodes is 1295, which has decreased but the quality has improved.
• The voting power of the Satoshi coefficient is 20, which is at the leading level in the industry.
• Validators are distributed across 40 countries, mainly concentrated in Germany, the United States, and the Netherlands.
• The validator's economic situation is good, with the breakeven staking amount dropping to 16,000 SOL.

outlook

Future plans include:

• Launch Alpenglow consensus algorithm
• Implement a confiscation mechanism
• Deploy the DoubleZero network
• Further increase the computing unit limit
• Implement direct mapping and other performance improvements

The Solana network continues to maintain its leading position in decentralization, performance, and the validator ecosystem.