According to CoinMeta, analysis indicates that Solana outperforms XRP in terms of network activity, transaction throughput, and the use of stablecoins. In September 2026, Solana processed 3.18 billion non-voting transactions, with a stablecoin supply of $17.3 to $17.5 billion, and had 888,000 active addresses per day. Meanwhile, in the second quarter of 2026, XRP processed 222.4 million transactions, with a stablecoin holding amount of $1.11 billion. These differences in indicators affect market sentiment and price expectations for Solana. The market is concerned about whether Solana can maintain its transaction volume and stablecoin activity, and the regulatory progress of SEC and Solana Labs also influences pricing.