Solana registers all-time high in daily new addresses | Headlines | News | CoinMarketCap
03/12/2024 01:35
The daily number of new addresses on the Solana blockchain has reached an all-time high, according to The Block’s Data Dashboard. The daily count …
The Block8 minutes ago
Foresight
Solana
Block
BNB
Avalanche
Published on March 11, 2024 18:23 GMT+00:00edited on March 11, 2024 18:24 GMT+00:00
The daily number of new addresses on the Solana blockchain has reached an all-time high, according to The Block’s Data Dashboard. The daily count of new addresses on the Solana network, based on a seven-day moving average, now stands at over 691,000.
According to Zeta Markets Founder Tristan Frizza, the increased adoption metric signals genuine user activity on the network. "It suggests that we’re not only witnessing speculative interest but also that we are poised to see new all-time highs due to this authentic engagement. With Solana already recording more daily transactions than Ethereum, Arbitrum, Optimism, BNB Chain, Tron, and Avalanche combined, its ascent to a top three blockchain by market cap seems inevitable," Frizza said in a note sent …