- Solana network reaches a new high of 11.12 million addresses.
- Network growth continues, but SOL remains volatile.
- Analyst optimism seen with address count recovery.
Ali, a renowned on-chain analyst, disclosed on Twitter that Solana’s network has set a new record with 11.12 million addresses.
The increase marks a significant recovery from the dip earlier in the year, showcasing renewed interest and potential for development in the Solana ecosystem.
Solana Rebounds: Address Count Recovers from 2025 Decline
Solana’s milestone achievement was highlighted by on-chain analyst Ali, who reported on Twitter an increase to 11.12 million addresses. This marks a significant recovery following a previous decline to 8.4 million addresses in February 2025.
As the number of addresses increases, Solana exhibits resilience, indicating rising adoption of decentralized applications and engagement with the network. Market participants note volume and activity growth.
“The increase in network addresses is seen as a sign of growing adoption and engagement with the Solana ecosystem.”
Community optimism is evident in reactions toward Solana’s resurgence, although SOL’s price fell by 35% over the past 30 days. Investors remain watchful due to persistent market volatility.
Solana Price Dips; Adoption and Activity Surge
Did you know? In November 2024, Solana peaked at 18.5 million addresses before declining, showcasing its current growth as a notable recovery trend.
As of March 30, 2025, Solana (SOL) is trading at $125.38 with a market cap of CoinMarketCap’s data recording a 24-hour volume drop by 30.24%. Over 90 days, SOL’s price fell 35.14%, with its circulation increasing.
Coincu researchers forecast ongoing recovery potential for Solana, despite market volatility. Given its growing adoption for dApps and DeFi projects, experts see this as evidence of Solana’s technology-driven, resilient standing in the cryptocurrency landscape.
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