Solana crypto news has been observing signs of cooling network activity lately. At the same time, SOL price has also been threatening to lose its foothold above $200.
However, some key observations suggest that the state of the network might be preparing for a robust comeback.
A recap of some of the top Solana network metrics revealed that the network took a step back compared to its aggressive growth trajectory, few months ago.
For example, its TVL tanked from $13.2 billion to $11 billion in the last 2 weeks. Weekly DEX volume also cooled from a daily high of over $6 billion to less than $4 billion in a matter of days.
Nowhere was Solana’s declining activity more apparent than in its address activity.
The Solana network had just over 13 million weekly active addresses between 22 and 28 September. This was the lowest weekly network activity recorded in the last 12 months.
Solana Network Active Addresses
The declining Solana network address activity also reflected on it
We współpracy z: https://www.thecoinrepublic.com/2025/09/28/solana-crypto-network-activity-declines-smokescreen-or-cause-for-concern/