Solana Active Addresses Hit 4.51 Million, Highest Since February

Solana's on-chain activity accelerated over the weekend, with active addresses climbing to 4.51 million since Saturday, marking the network's strongest level since February, according to data from a crypto analytics platform.

The increase coincided with tokenized equities on the Solana blockchain reaching fresh records this week, while discussion around xStocks intensified around June 26. At the same time, SOL's rebound above key price levels encouraged more traders to return to the network.

The latest activity reflects growing user engagement across multiple sectors of the Solana ecosystem, including tokenized stocks, decentralized finance (DeFi), stablecoins, and retail-focused applications, providing broader utility beyond speculative trading.

As of writing, SOL was trading at $73.58, up 7% over the past week.

Source: Santiment