As the meme craze fades, the number of active addresses on Solana has fallen to 3.30 million, the lowest in 12 months, and a significant pullback from the peak of more than 9 million active addresses in January, according to The Block.
Despite the decline in the number of active addresses, Solana continues to expand its product infrastructure. The network is building new decentralized exchanges, prediction markets, and real-world asset protocols, and DeFi has a total lock-in value of $10 billion, with protocols such as Jupiter, Kamino, and Jito prominently performing.
The number of active Solana addresses has dropped to a new low in 12 months
2025-11-12 18:56:44
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