Santiment Sees a Long-Term Bullish Case in Solana's 124% Network Growth
Solana network growth rose 124% since early September, with about 1.71 million new wallets created each day. Daily active addresses also climbed 58% over the same period to around 4.27 million unique wallets. One writeup also says institutional demand is moving in the opposite direction.
What this rests on
What it means
Each sentence links inside to the piece that supports it.
Users and traders watching Solana would notice a much larger flow of new wallets and more active addresses than before. The reported figures show 1.71 million new wallets a day and 4.27 million unique wallets in daily activity, which changes the scale of the network that is visible now.
Before these figures, the network was not described here with this level of growth, and now the metrics point to a faster pace of on-chain participation. What stays the same is that these pieces do not show any change in how SOL trades or how institutions behave beyond the single mention that institutional demand is moving the other way.
Market reaction
How the story was built
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
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Crypto Economy
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Where this sits in the Solana series
| When | What happened | Figure |
|---|---|---|
| 20 days ago | SOL a 124.6 $ high | today it sits -16.3 % from there |
| 2 days ago | SOL a 101.4 $ low | today it sits +2.9 % from there |
From what we have stored, starting 22 days ago.