Solana

Read

Coin

<ul class="wp-block-list news-points">
 <li><strong>The number of daily active addresses on Solana surged to an all-time high.</strong></li>
 <li><strong>On September 9, Solana recorded 5.4 million daily active addresses.</strong></li>
 <li><strong>SOL token is down 1.66% in the past 24 hours and trades at $131.72.</strong></li>
</ul>
<p>Solana is defying the current crypto market slowdown. While its native token SOL might be struggling to maintain its price, the blockchain itself is witnessing a surge in activity, reaching a four-year high in daily active addresses.</p>
<p>This significant increase, highlighted in a chart shared on X (formerly Twitter), puts Solana ahead of other major blockchain networks like Tron, Avalanche, Aptos, and Polygon.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">BREAKING: SOLANA RECORDS HIGHEST DAILY ACTIVE ADDRESSES IN BLOCKCHAIN HISTORY <a href="https://t.co/6aY3PTbCV6" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/6aY3PTbCV6</a></p>— DEGEN NEWS (@DegenerateNews) <a href="https://twitter.com/DegenerateNews/status/1833531902445425130?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 10, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p class="has-text-align-center"><strong><a href="https://coinedition.com/solana-etf-hopes-fade-as-sol-price-stumbles/" rel="noopener noreferrer nofollow">Read also: Solana’s Active Addresses Hit 4-Year High: What’s Driving It?</a></strong></p>
<p>The supporters of Solana celebrated the milestone on X, with one user <a href="https://x.com/3Sunat/status/1833532581775909108" target="_blank" rel="noopener noreferrer nofollow">stating</a> that Solana is the<br>endgame” and other blockchain networks are “scams.” The chart from <a href="https://t.co/07xTXlKFVb" target="_blank" rel="noopener noreferrer nofollow">Artemis</a>, an on-chain fundamentals platform, showed that in August 2024, the daily active addresses on the Solana blockchain skyrocketed.&nbsp;</p>
<h2 class="wp-block-heading" id="h-meme-coin-craze-fuels-network-growth">Meme Co…</h2>
<p>The post <a href="https://coinedition.com/solanas-active-addresses-hit-4-year-high-whats-driving-it/" rel="noopener noreferrer nofollow">Solana’s Active Addresses Hit 4-Year High: What’s Driving It?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Solana’s Active Addresses Hit 4-Year High: What’s Driving It?

Table of Contents

Coin Edition

Other articles published on Sep 11, 2024

What Are Crypto Airdrops? All You Need To Know

Crypto Prices Drop Despite Positive Economic Indicators

Lithium Market Shaken by CATL’s Production Cut, Albemarle Stock Surges

What is Ethervista?

Floki's Valhalla Partners with OG Esports as Official Jersey Sleeve Sponsor

Attention Those Holding These 7 Altcoins: Supply Will Increase A Lot In The Coming Period

Join our free newsletter for daily crypto updates!