Validators process transactions and receive fees from users (supply-side fees).

Solana is a smart contract platform for decentralized applications (a blockchain). Solana was founded by Anatoly Yakovenko, Greg Fitzgerald, Raj Gokal, etc. and launched in 2020.

SOL holders own and govern the protocol. They currently take a cut of the transaction fees paid by users (revenue). Solana’s investors include Polychain Capital, ParaFi capital, Passport capital, etc.

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Blockchains (L1)

Solana

# Solana Successful non-vote transaction count Methodology

## 1. Overview

Successful non-vote transaction count measures the number of confirmed non-vote transactions that executed without error. The share of blockspace demand outside governance activity that resulted in a completed state change is reflected by this metric. Consensus-related voting transactions and failed executions are excluded from the count to isolate utility and economic throughput on the network. A clearer representation of user and application activity is provided for institutional analysis.

## 2. Data sources

- **Blockchain events**: Block-level metadata containing transaction execution outcomes, covering Solana

## 3. Step-by-step calculation

### Component A: Block-level transaction extraction

- **Purpose**: Extract the count of successful non-vote transactions from raw block data
- **Logic**: Raw block data is queried to retrieve the daily count of non-vote transactions that executed successfully. Transactions classified as consensus votes or those that terminated with execution errors are excluded from this count
- **Key fields**: `block_timestamp` (timing), `successful_non_vote_transaction_count` (transaction count)

### Component B: Daily aggregation and normalization

- **Purpose**: Aggregate transaction counts to a daily grain and apply standard validation
- **Logic**: Transaction counts are summed by day based on the block timestamp. The aggregated values are cast to the appropriate numeric data types, validated against active chain and data identifiers, and zero-filled for days with missing data to ensure a continuous time series
- **Key fields**: `daily_timestamp` (timing), `successful_non_vote_transaction_count` (aggregated count)

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Confirmed non-vote transactions that executed without error.

SolanaSOL

Successful non-vote transaction count

Successful non-vote transaction count

Competitive landscape