1d ago
Solana Active Addresses Climb 5.8% as Market Cap Drops 49% Since September 17
Solana's market capitalization has fallen 49% from its September 17 peak, yet network activity shows resilience. Active addresses rose 5.8% month-over-month to 3.65 million by November 20, data show. Institutional interest remains robust, with Bitwise's Solana Staking ETF surpassing $500 million in assets within 18 days of launch.