on-chain movement

Solana hits 1.88M unique active addresses, its highest level in 13 months

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1News media
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Published

Solana reached 1.88 million unique active addresses on Oct. 9, the highest level in 13 months. The two writeups place the milestone alongside mixed market momentum and ongoing monitoring of activity across the ecosystem, with one also linking the address count to stablecoin use and ETF outflows.

Key claims & sources

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The rise in active addresses was described as highlighting Solana’s use for stablecoin transactions.
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The same writeup placed the address surge in the context of ETF outflows and said the ecosystem showed resilience.
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Solana reached 1.88 million unique active addresses on Oct. 9, the highest level in 13 months.
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The milestone was presented alongside mixed market momentum and attention on activity across the Solana ecosystem.

What it means

Users and ecosystem participants notice a network reaching 1.88 million unique active addresses on Oct. 9, which is the highest level in 13 months. That makes activity on Solana visible to anyone tracking daily network use, even while market momentum remained mixed.

In practice, the address milestone changes the visible state of the network more than it changes the mechanics of using it. Stablecoin transactions were specifically mentioned in connection with the surge, while the writeup also said the broader market backdrop still included ETF outflows.

Market reaction i

SolanaSOL the event is about this asset
first headline
-0.2% 2 h before
-0.8% 4 h after
$110.39price at publication
12data points

Coverage timeline

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.

first
Oct 9 13:27

Has this happened before?

WhenWhat happenedFigure
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37 days ago USDai and sUSDai Expand to Solana as OFT Transfers Top $2 Billion event 1 actors in common · 2 news media
41 days ago Pump.fun Sells 47,994 SOL in Latest $5.83 Million Transaction event 1 actors in common · 5 news media