- The number of Solana network addresses reaches 11.12 million, setting a new historical record.
- This milestone indicates significant growth recovery from previous low.
- Potential increase in user adoption influences developer activity.
Ali, an on-chain analyst, announced on X that Solana’s network addresses have reached a record 11.12 million, underlining the increasing adoption of the blockchain platform.
The growth in Solana network addresses indicates rising user engagement and could impact the development and community sentiment around the blockchain positively.
Solana Achieves 11.12 Million Network Addresses
The Solana network experiencing growth to 11.12 million addresses marks a significant milestone in blockchain adoption. As noted by analyst Ali, this achievement signifies an all-time high for the network since its founding.
This growth trend in user addresses is seen as a positive indicator of adoption. It reflects increasing trust and interest in the Solana platform, likely fostering further development. “The number of Solana network addresses has reached 11.12 million, setting a new historical record,” said Ali, On-chain Analyst.
Among the community, this milestone is being met with optimism. The increased user base enhances Solana’s appeal, potentially driving more developers and projects toward the ecosystem.
Solana’s Address Growth Reflects User and Developer Interest
Did you know? The peak of Solana’s network addresses reached 18.5 million in November 2024, which then decreased to 8.4 million by February 2025. The current 11.12 million reflects significant recovery.
According to CoinMarketCap, Solana (SOL) is currently trading at $123.34 with a market cap of $63.15 billion. The trading volume has seen a decline of -36.94% within 24 hours, while the price dropped by -4.91%. Over the past 90 days, SOL has witnessed a -35.00% decrease.
The Coincu research team notes that Solana’s address growth aligns with increased network scalability efforts. As the blockchain stabilizes on transaction speed and cost-efficiency, it positions itself towards wider adoption.
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