đ±đ„Solana breaks monthly new and active address records amid price rally
After earning 100% of its token's price last month, the Solana network also set records for new and active addresses on the network.
All eyes have been on Solana in recent days, as the coin's rapid rise in price has created waves of hype in its wake. Saga phones full of BONK airdrops are still being sold for thousands of dollars on ebay as traders celebrate the coin passing the $100 mark just over a year after FTX's collapse helped push the price below $10.
According to the data obtained from the block, Solana's network also set records for monthly new and active addressing
November January, the number of active Solana network addresses increased by almost 50% to over 15.6 million, which is an increase from the previous record of 15.2 million in January of this year.
December May 2023 also saw the number of new addresses hit a record of 6.8 million so far, compared to the old record of 6.6 million in May 2023.
One metric that hasn't set a record yet: transactions that haven't voted, still below the November numbers. In the Solana network, the same transactions that send money or trigger smart contracts are also used to validate the network, making non-voting transactions an important benchmark for actual user activity.
