# Where On-Chain Activity Is Actually Concentrating

Solana transaction counts have roughly doubled this year and Ethereum stablecoin transfers have risen sharply, even as the value secured on layer-2 networks shifts unevenly.

- Published: 2026-06-21T10:31:57.554Z
- Canonical: https://polylog.news/crypto/2026-06-21/where-on-chain-activity-is-actually-concentrating
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [Polylog editors](https://polylog.news)

Apart from short-term price movements, a more durable indicator is actual usage, and it is changing. Cointelegraph reported that Solana on-chain transactions have more than doubled since January 1, a sign that activity is concentrating on h…

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