Solana is seeing record growth that is in line with major ecosystem development. The protocol now boasts more wallets holding SOL amid growing network activity.
Institutional interest is also rising, raising questions about how these developments will impact Solana’s price.
While market experts speculate a momentum that could push SOL higher, real-time uncertainties remain a factor.
Network Adoption Hits Record High
According to Ali Charts on X, Solana has reached a new milestone: 11.09 million addresses now hold the coin.
This is the highest number ever recorded, reinforcing Solana’s position as a major player in the crypto space.
Image Source: Ali Charts on X
Furthermore, market data shows that many crypto traders and investors are shifting from Ethereum to Solana.
In just a short time, over $72 million in assets have been bridged to the network. Solana’s weekly active addresses have surged to 17 million, significantly higher than Ethereum’s 1.8 million.
Meanw
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