Solana Sets the Crypto Ball Rolling with Record-Breaking Active Addresses, Report Shows ⋆ ZyCrypto
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Solana (SOL) continues to be the talk of the crypto town thanks to heightened on-chain activity since active addresses are going through the roof.
According to a recent report by a16z, “State of Crypto Report 2024,” Solana has been stealing the limelight due to soaring crypto activity.
Per the report, “The explosion of activity is primarily due to Solana, which accounted for about 100 million active addresses. Following were NEAR (with 31 million active addresses), Coinbase’s popular L2 network Base (22 million), Tron (14 million), and Bitcoin (11 million).”
Solana has been experiencing a beehive of activity thanks to its thriving meme coin ecosystem and surging…