The number of daily active addresses in the Solana network increased to 981,380

Solana (SOL) has become one of the best-performing cryptocurrencies in 2023, rising 920% in a year. This was partly due to increased network activity, which brought more value to the ecosystem and increased demand for the native token.

Specifically, the number of active addresses on the Solana network increased by approximately 600,000 over the month. The number of daily active addresses increased from 382,700 on November 21st to a yearly high of 981,380 on December 21st.

According to The Block's chart, current address activity remains above the 1-year average of 625,160.

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