Surge in active addresses impacts major blockchains

Solana (SOL) trades at 149.89 USD, with a market cap of 80.09 billion USD and a 24-hour trading volume of 2.76 billion USD. It saw an 11.39% gain over the week, despite a 9.25% decline over the past 30 days.

Increased address activity is shifting market dynamics, driven by wallet enhancements. Phantom Wallet’s CEO, Brandon Millman, revealed that its features significantly enhance cross-chain usability, reflecting the excitement and engagement within the Solana community.

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