The core case is that SOL is the clearest usage winner in crypto: since August 2023 daily active blockchain users rose from 4.5 million to 11 million, and SOL now carries 4.52 million daily active users, 43% of app revenue, and 4.31 million in 24h app revenue yesterday. The video argues price has lagged usage for months, but history says on-chain activity, fees, and app revenue lead recoveries, while AI agents, stablecoin rails, tokenized RWAs, and faster finality should amplify demand. It also frames ETH as expensive on a per-user basis and says a $250,000 ETH target makes ETH’s implied market cap absurd, while a SOL market-cap match to ETH would imply $1,000 SOL, or 13.24x from here. Across a 5-year comparison, Binance is named the best performer, but the broader message is that SOL has the strongest upside if crypto is priced on users, fees, and dapp revenue.
The Clarity Act was postponed to September 15.
Blockchain daily active users rose from 4.5 million in August 2023 to 11 million today.
SOL had 4.52 million daily active users yesterday and is valued at about $9,000 per user, versus BTC at $2.1 million, ETH at nearly $1 million, XRP at $2 million, TRX at $11,250, and BNB at $120,000 per user.
SOL applications captured 43% of all app revenue as of July 2026, versus ETH at 15% and Hyperliquid plus BNB at 10% each.
SOL generated $4.31 million of 24h app revenue yesterday, versus ETH at $988,000, BNB at $650,000, Hyperliquid at $599,000, Polygon at $584,000, Robinhood chain at $396,000, and Base at $261,000.
SOL led daily transaction fees yesterday at $573,000; ETH was second, BNB third at $368,000, BTC fourth at $273,000, and Base posted $91,000 and was said to have smashed all other layer twos.
Three years ago SOL did 16.5 million transactions per day; today it does 75 million, while ETH rose only from 1.05 million to 1.5x prior levels over the same period, and BNB and Base are both around 15 million today.
SOL logged an all-time-high week of 1.117 billion transactions excluding vote transactions, equal to nearly 1,900 transactions every second of every day.
Three years ago daily active addresses were TRX 1.1 million, BNB just under 1 million, BTC 638,000, MATIC 303,000, ETH 302,000, and SOL 293,000; today SOL is 4.5 million versus ETH at 279,000.
SOL now has more daily active users than BTC, ETH, BNB, Tether, USDC, and Litecoin combined, described as 1.87x their total, and SOL is 16.2x ETH’s daily active users and 7.4x BTC’s.
SOL and TRX account for 72% of all daily active addresses on the list, with everything else at 28%; TRX is described as the Tether chain for stablecoin transactions.
Sui was said to have 480,000 users, about a tenth of SOL’s, while another chain was said to have 45% more users and 45% more transactions than Sui.
SOL has been down for 10 straight months, yet the notes say history shows on-chain activity and revenue lead price recovery, even through multi-month and multi-year drawdowns.
SOL upgrades were said to include higher block compute limits, immediate excess capacity, and faster-than-ever finality, with AI agent infrastructure already settling value and 99.9% of transactions eventually expected to be AI agents.
Over the last 5 years, BNB is up 44.47%, SOL up 41.69%, BTC up 35.74%, TRX up 30%, XRP down 21%, and ETH down 43.49%; BNB was named the winner.
Grayscale proposed to withdraw Cardano, Polkadot, and Hedera ETF registrations from SEC review, and those chains were called zombie chains for 5 years.
A Fundstrat boss was cited backing a $250,000 ETH target; with 120 million ETH, that implies an impossible market cap, while a SOL match to ETH’s market cap would imply $1,000 SOL, or 13.24x from here.