Crypto: Solana Reaches A New High With 11.12 Million Active Addresses

Solana records an unprecedented surge in activity: 11.12 million active addresses. In a crypto market where real usage now prevails over promises, this figure marks the return of a network that some said was losing momentum, now propelled by visible, measurable, and concrete adoption. This dynamic, more than symbolic, repositions Solana as a structural player in the ecosystem, with clear signals of resilience and traction.

An upward dynamic driven by users

The Solana network has crossed a historic threshold with 11.12 million active addresses, a historical record confirmed on March 29, 2025, by on-chain analyst Ali on the social network X (formerly Twitter):

The number of addresses on the Solana network has reached 11.12 million, establishing a new historical record.

This statistic highlights a return of activity on the blockchain, marking a stark contrast with previous periods of slowdown.

Here are the important elements of this rise in power:

• The highest volume of active addresses ever recorded on the Solana blockchain since its launch;
• The return of user confidence, indicated by organic growth of the network after a period of decline;
• Data relayed by recognized analysts, which has strengthened the credibility of the trend;
• A warning signal for developers and investors: real activity on the network is on the rise, beyond mere speculation.

This increase suggests that Solana is regaining attractiveness among active users, a criterion often more relevant than mere stock performance. The network seems to be rediscovering a momentum that some estimated to be weakened, in the context of a global recovery of certain segments of the crypto market.

From fluctuations to perspectives: Solana faces its challenges

The current progress is highlighted when viewed in perspective with the data from previous months. In November 2024, the number of addresses peaked at 18.5 million, before plummeting to 8.4 million in February 2025.

This decline was seen as a warning regarding Solana’s ability to maintain user engagement. The recent rise to 11.12 million therefore represents a significant rebound, although it does not completely erase doubts about the stability of its adoption.

The price of SOL, on the other hand, has not followed the same upward trajectory. Currently trading at $123.34, it has recorded a decrease of -4.91% over 24 hours and -35% over 90 days, with a market capitalization of $63.15 billion and a transaction volume down by 36.94%.

Thus, this data suggests that the dynamics of active addresses are not accompanied by an equivalent enthusiasm from investors, at least not yet.

This dissociation between technical use and financial valuation could signal a strategic repositioning of Solana. The surge in the number of addresses, combined with improvements in scalability and efficiency, paves the way for a more structural adoption, less dependent on speculation. If this trend is confirmed, it could lay the groundwork for sustainable growth, refocused on the technological fundamentals of the network and on the real engagement of users.