According to TheBlock data, transaction activity on the Solana blockchain experienced a significant decline in August. The monthly non voting transaction volume on Solana hit a multi month low in August, lower than most of 2024. Prior to August, the monthly transaction volume exceeded 700 million. This decline has restored transaction activity to its highest level since September 2023, when the transaction volume was 494 million. In addition, the number of Solana mobile users decreased from 1.31 billion in July to 485.61 million, a decrease of nearly 63%. @sewilyaw