Crypto: Solana Sets New Records, +50% Active Addresses in One Month

Fueled by the recent price surge, the Solana network boasts record adoption at the end of 2023, with over 15.6 million active crypto addresses in December. A new all-time high.

An Astonishing Growth of Active Crypto Addresses

This December will go down in the history of Solana. According to a recent report by The Block, the number of monthly active addresses on this blockchain network has literally exploded, jumping by more than 50% compared to November.

Solana thus surpassed the symbolic milestone of 15 million active addresses, reaching precisely 15.6 million. A new record, even surpassing the previous high seen in January 2023.

The stunning growth of the Solana ecosystem is part of an overall atmosphere of euphoria surrounding the network. In just one month, its SOL tokens have doubled in value, capturing all the spotlight. A success story that fascinates the crypto world.

With December not yet over, some experts believe that Solana could still break its own records by the end of the month, riding the wave of success and investor enthusiasm. A year-end climax.

Thousands of New Users Won Over

Another indicator of Solana’s irresistible rise is the staggering number of new addresses created each month. In December, no less than 6.8 million new Solana wallets were generated, compared to 6.6 million last May, representing a substantial increase.

Attracted by the low costs, speed, and dynamism of the network, newcomers are now counted in the millions. A true tidal wave illustrating Solana’s appeal to the masses as well as institutional investors and developers.

Although Solana is currently breaking viewership records, it has yet to maintain a stable number of transactions validating the network. This is a point of vigilance to ensure the sustainable growth of the ecosystem.

With record-breaking numbers of active and new addresses, combined with the soaring prices of its SOL tokens, one cannot help but talk about Solana at the end of 2023. The blockchain network is undeniably emerging as the crypto sensation of the moment and is determined to keep the momentum going.