Key Takeaways Solana’s growth is being driven by applications across DeFi, social trading, and decentralized infrastructure. Grayscale highlighted Raydium, Pump.fun, and Geodnet as examples of active Solana-based applications. The crypto asset manager says SOL offers investors exposure to the Solana network’s continued growth. Why Applications Are Fueling Solana’s Growth Solana’s recent growth is being tied directly to the applications running on its network, according to Grayscale Head of Research Zach Pandl. The blockchain serves as the settlement layer for more than 1,000 unique applications. The network has averaged over 100 million daily transactions year-to-date, equal to more than 1,200 transactions …


