Solana records lowest active address count in 12 months at 3.3 million

On November 13th, The Block reported that Solana’s active address count fell to 3.3 million, the lowest level in a year, which is a notable drop from over 9 million in January.

Solana surged as a leading platform for Meme coin trading in late 2024, but interest in Meme coins diminished throughout 2025, leading to the decline in active addresses.