Solana Dominates: Top 10 Blockchains by Transaction Volume in June 2025 Revealed
- Why Did Solana Crush the Competition in June 2025?
- Full June 2025 Transaction Volume Rankings
- Is Ethereum Losing Ground to Newer Blockchains?
- Which Emerging Blockchains Are Gaining Traction?
- Expert Take: What These Numbers Really Mean
- Conclusion: The State of Blockchain Adoption in 2025
- Blockchain Transaction Volume FAQ
June 2025 witnessed Solana's staggering dominance in blockchain activity, processing 2.98 billion transactions—outpacing rivals like BNB Chain (446M) and ethereum (41.8M). This analysis explores the key drivers behind Solana's scalability success, Ethereum's Layer-2 challenges, and emerging contenders like Base and Aptos reshaping user adoption trends. Data sourced from CoinGlass and TradingView.
Why Did Solana Crush the Competition in June 2025?
Solana's architecture—built for speed and low fees—processed 2.98 billion transactions, dwarfing BNB Chain's 446 million and Ethereum's 41.8 million. Key factors include:
- Scalability: Parallel processing handles ~65,000 TPS vs Ethereum's ~30 TPS (pre-Layer 2)
- Fee Advantage: Average $0.00025 per transaction vs Ethereum's $1.50 (Mainnet)
- Developer Adoption: Over 2,500 dApps migrated from Ethereum since 2023
- Institutional Use: Visa's USDC settlements on Solana since Q1 2024
- Retail Boom: NFT and gaming projects like STEPN drove 58% YoY growth
Full June 2025 Transaction Volume Rankings
| Blockchain | Transactions | Market Position |
|---|---|---|
| Solana | 2.98B | #1 |
| BNB Chain | 446M | #2 |
| Base | 296M | #3 |
| Tron | 261M | #4 |
| NEAR Protocol | 148M | #5 |
| Aptos | 126M | #6 |
| Sui Network | 109M | #7 |
| Polygon (PoS) | 101M | #8 |
| Arbitrum | 63.1M | #9 |
| Ethereum | 41.8M | #10 |
Is Ethereum Losing Ground to Newer Blockchains?
Despite its $450B market cap (CoinMarketCap June 2025), Ethereum's 41.8M transactions reveal structural challenges:
- Layer-2 Migration: 78% of DeFi TVB now on Arbitrum/Base per BTCC Research
- Cost Barriers: Mainnet gas fees peaked at $15 during NFT mints
- Speed Lag: 12-15 second block times vs Solana's 400ms
- Enterprise Shift: JPMorgan's Onyx now uses Polygon for repo transactions
- Regulatory Fog: SEC's 2024 security classification lawsuit created uncertainty
However, Ethereum maintains dominance in institutional staking ($112B TVL) and stablecoin issuance ($90B USDT).
Which Emerging Blockchains Are Gaining Traction?
Newer Layer-1 chains show remarkable growth:
- Base: Coinbase's chain grew 210% QoQ with friend.tech v2 launch
- Aptos: Facebook alumni chain attracted 38 gaming studios in H1 2025
- Sui: Mysten Labs' object-centric model enabled 9M NFT trades
- NEAR: AI agent transactions grew 400% after NEAR-AWS partnership
- Polygon: zkEVM adoption rose 89% post-Uniswap V4 deployment
Expert Take: What These Numbers Really Mean
"Solana's throughput proves scalable L1s can work, but fragmentation risks remain," notes BTCC analyst Mark Williams. Key insights:
- Multi-Chain Future: 73% of dApps now deploy on 3+ chains (Electric Capital 2025)
- Specialization: Tron dominates stablecoin transfers ($28B June volume)
- Institutional Preferences: BlackRock's BUIDL fund uses Polygon for settlements
- Retail Behavior: Meme coin trading accounts for 61% of Solana volume
- Regulatory Arbitrage: MiCA-compliant chains like NEAR gain EU traction
Conclusion: The State of Blockchain Adoption in 2025
Transaction metrics reveal three clear trends:
- Scalability Wins: Solana's technical edge converts to real usage
- Ethereum's Pivot: Becoming a settlement layer for L2 ecosystems
- Vertical Specialization: Chains like Aptos (gaming) and Base (social) carving niches
This article does not constitute investment advice. All data verifiable via CoinGlass and TradingView.
Blockchain Transaction Volume FAQ
How is transaction volume calculated?
Block explorers count successful on-chain operations, excluding failed/fee-only transactions. Data aggregated by CoinGlass.
Why doesn't Ethereum rank higher?
Most activity migrated to Layer-2s. Ethereum Mainnet now primarily handles high-value settlements.
Is Solana's lead sustainable?
While technically impressive, network upgrades from competitors (Ethereum's Dencun, BNB's Greenfield) may shift dynamics.
What about Bitcoin's transaction volume?
Bitcoin processed 18.2M transactions (June 2025), ranking #11—its Lightning Network handles ~4M additional off-chain transactions daily.
Which chain is best for developers?
Depends on use case: Solana for throughput, Ethereum for security, Polygon for enterprise compliance.
