Solana averaged about 8.4 million new addresses per day over the past week, extending a sharp rise in network activity while SOL remains below $80.
The latest 24-hour count reached more than 9.2 million first-time addresses. The metric covers addresses appearing for the first time in a transaction involving native SOL.
Address creation does not translate directly into the same number of new users. Automated trading systems, applications and existing users can generate multiple wallets, particularly on a network where low transaction costs make large-scale address creation inexpensive.
Solana also recorded nearly 30 million active addresses and about 680 million transactions during a recent seven-day period. The network’s active-address count rose 55% over that week, placing it ahead of Tron, BNB Chain, Bitcoin and Ethereum.
The latest reading extends an earlier stretch in which Solana added 1.6 million new addresses as wallet activity began recovering from its midyear slowdown.
Tokenized Assets And Stablecoins Drive New Activity
Solana’s activity base has expanded beyond memecoin launches and decentralized exchange trading.
Tokenized asset spot volume rose from $2.69 billion to $5.7 billion between the first and second quarters. xStocks, Backpack-linked products and tokenized public-market assets accounted for a growing share of the trading.
Stablecoin liquidity has also increased. Circle recently minted another 1 billion USDC on Solana, bringing the network’s stablecoin supply to about $15 billion.
The additional liquidity supports decentralized trading, tokenized stock settlement, payments and cross-border transfers. KG Inicis, one of South Korea’s largest payment gateways, is testing Solana for stablecoin checkout, subscription billing and split merchant payments.
Solana lists 50 million monthly active addresses and 3.5 billion monthly transactions across the network.
SOL Faces Heavy Supply Between $79 And $85
SOL traded near $78 as the address-growth surge failed to produce an immediate price breakout.
The token recently flashed its first three-day SuperTrend buy signal since October, but roughly 105 million SOL changed hands between $79 and $85, creating a dense supply zone above the current price.
A break through $85 would clear the immediate resistance range and reopen the path toward $90 and $100. The SuperTrend structure weakens below $74, with the next support cluster between $70 and $72.
Be the first to comment