Solana Records 33% Spike in New Addresses

Solana is increasingly gaining traction as it continues to witness steady growth across the crypto and DeFi ecosystem. With its fast-expanding utility, Solana has recorded a sharp increase in new addresses. As such, the network has seen stronger user growth despite a modest rise in its price last month. Earlier today, Santiment shared data revealing that network adoption on Solana has outpaced the growth seen on Ethereum and Chainlink. According to the data, new addresses on Solana have surged by 33% since September 1 to date, while SOL recorded a price gain of 20% at the time.

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