It's way quicker and cheaper than anything else for years to come. Highest number of 2,271,060 addresses on Wednesday, December 1, 2021. The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network. KIN alone has 55M wallets. After the collapse of FTX, the price of Solana crashed over the cryptocurrency exchanges involvement in its ecosystem as many lost faith in the project. to incorporate the statistic into your presentation at any time. By signing up, you will receive emails about CoinDesk product updates, events and marketing and you agree to our, Crypto Update | Ethereums Regens Tend to Ethereums Public Goods, Chainlink's New Platform Will Help Connect Web2 With Smart Contracts, Binance Cant Keep Its Story Straight on Misplaced $1.8B USDC, Crypto Long & Short: Decentralized Exchange Research Ramps up, Ethereum founder Vitalik Buterin expressed his support for the blockchain. Look up transactions and accounts on the various Solana clusters SOL tokens also have many use cases. Solana works on a combination of proof-of-history and delegated proof-of-stake protocols. The rise in active addresses on Solana, CryptoCompare wrote, can be attributed to increased activity from the airdrop of $BONK tokens to Solana non-fungible token (NFT) holders, as well as a sense of optimism around the network driven by Buterins support and continued developer activity. November 2022 to January 2023. Solana, according to CryptoCompares latest Asset Report, has recovered so well that it has been one of the best performers so far this year, with an over 60% rally to $16 at the time of writing. Highest increase of 303,899 new addresses was recorded on Friday, October 14, 2022. (TradingView). "At approximately 05:46:16 UTC 2023-02-25, Solana Mainnet . Solana supports experiences for power users, new consumers, and everyone in between. This is evident by the increasing number of users on the network. Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. The reason for this combination of protocols, Bryan Routledge, associate professor of finance at Tepper School of Business at Carnegie Mellon University, says Solana is trying to process lots of transactions quickly.. The biggest crypto news and ideas of the day. MLS# 230003759. You need at least a Starter Account to use this feature. Probing the intersection of crypto and government. January 2023. Available: https://www.statista.com/statistics/1280295/solana-active-addresses/, Monthly number of unique addresses active on the blockchain network as a sender or receiver of Solana (SOL) from January 2021 to December 2021, Available to download in PNG, PDF, XLS format, Solana SOL/USD price history up until Feb 28, 2023, 10-day Solana SOL/USD realized volatility until October 28, 2022, Daily Solana (SOL) market cap history up until November 10, 2022, Solana (SOL) dominance history up until November 10, 2022, Market dominance of 12 cryptocurrencies on November 15, 2022, Solana (SOL) monthly transfer volume up until November 2021, Monthly active Solana (SOL) addresses up until December 2021, Solana (SOL) gas price paid in total up until December 6, 2021, Daily Solana (SOL) 24h volume history up until November 10, 2022, Biggest Solana (SOL) exchanges based on 24h volume on November 11, 2022, Solana (SOL) Sharpe ratio until October 28, 2021, Solana (SOL) circulating supply history up until November 10, 2022, Top 20 cryptocurrencies with the most value being staked as of November 11, 2022, Solana (SOL) largest validators as of November 11, 2022, Biggest crypto based on daily active addresses in October 2022, Daily active Ethereum (ETH) addresses up until November 9, 2022, Daily active Bitcoin (BTC) addresses up until November 6, 2022, Monthly market share of 16 different crypto exchanges 2021-2023, Daily 24h volume of all crypto combined up until November 10, 2022, Key crypto wallets in the U.S. 2015-2023, based on quarterly downloads, Key crypto wallets in Italy 2015-2023, based on quarterly downloads, Key crypto wallets in the UK 2015-2023, based on quarterly downloads, Key crypto wallets in France 2015-2023, based on quarterly downloads, Key crypto wallets in Brazil 2015-2023, based on quarterly downloads, Key crypto wallets in Mexico 2015-2023, based on quarterly downloads, Key crypto wallets in Germany 2015-2023, based on quarterly downloads, Monthly active Terra (LUNA) addresses 2021-2022, Quarterly number of crypto users in Germany 2021-2022, Quarterly number of crypto users in the U.S. 2021-2022, Quarterly number of crypto users in Mexico 2021-2022, Quarterly number of crypto users in Brazil 2021-2022, Quarterly number of crypto users in France 2021-2022, Quarterly number of crypto users in Italy 2021-2022, Quarterly number of crypto users in the UK 2021-2022, Information sources for cryptocurrency investing among users of Huobi 2022, Find your information in our database containing over 20,000 reports. If you are looking for total wallet addresses of SOL, you can find that on Solana beach supply page, please scroll down to "Wealth Distribution Overview". The probable cause of the declining market for ETH is the insufficient scalability of Ethereums execution layer and high gas fees. As a Premium user you get access to the detailed source references and background information about this statistic. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Research expert covering finance, insurance & real-estate, internet & e-commerce, Profit from additional features with an Employee Account. Name* Email* Categories. 100%. Solana blockchain impacted by technical issue Cathie Wood's Ark Invest acquires more Coinbase shares for ETFs Four top cryptocurrency stories from the past week Central African Republic's Sango coin experiences deposit downtime Platypus Finance says French police took suspected hackers into custody Solana blockchain impacted by technical issue Website (bitquery.io). As reported, a former Goldman Sachs executive, Raoul Pal, is bullish on Solana. - sits at 25.7 billion), Obviously Solana is blowing up right now but would love to actually know how many addresses are using it. Not consenting or withdrawing consent, may adversely affect certain features and functions. How many individual wallet addresses does Solana have? By Will Canny Jan 13, 2023 at 12:22 p.m. UTC Im actually looking for the number of users on the network so looking for active addresses. Sponsored Sponsored. By using a unique blend of proof of history and delegated proof of stake, Solana offers exponentially faster transaction speeds than its closest competitors, Ethereum and Cardano (ADA), at a fraction of the cost, Anissimov says by using a unique blend of proof of history and delegated proof of stake. An airdrop is when free tokens are sent to wallet addresses to promote adoption of a new cryptocurrency. Validator nodes Scalable Get big, quick. The Helium Network is officially migrating to @solana on March 27th! Program name. theblockofblocks Additional comment actions. Dune's chart showing Solana's DeFi daily active users meaning addresses shows a peak of 63,677 reported on Jan.5, up 295% from 16,114 back on Dec.10, as far as the chart goes. After purchasing SOL tokens, investors will want to store SOL tokens in a crypto wallet after purchasing them. Bring blockchain to the people. December 2022. And that is doubly bad because the leadership would have been deceiving and taking advantage of users. Can someone point me in the direction of data on active users on Solana? For Sale - 222 Barbara Ave, Solana Beach, CA - $3,995,000. I suspect real growth is much less than advertised. Solanas native SOL tokens have grown amid rising wallet usage. Please try again later. In order to maintain its lead, Ethereums dev team needs to accelerate the transition to the consensus layer as the current flexibility and functionality do not meet the expectations of a considerable percentage of crypto users. To view full network activity, click here. Profit from the additional features of your individual account. Bitcoin Does Not Need to Worry About Any COVID-19 Vaccines, Impulsive Psychopaths Like Crypto, Says Recent Research Report, Ether Beats Bitcoin as a Store of Value, Says Goldman Sachs Global Macro Research, Highlights From CryptoCompares Crypto Exchange Review Report for April 2021, A Few Highlights From CryptoCompares Crypto Exchange Review Report for March 2021, Analytics Firm Santiment Seeing Very Bullish Activity Around These 5 Altcoins, Institutional Flows to Crypto Investment Products Slow, but Total AUM Increase, Geopolitical Tailwinds Have Strengthened Long-Term Value Proposition of Crypto: CryptoCompare Report, VanEck Launches ETNs for Terra ($LUNA), FTX Token ($FTT), and Algorand ($ALGO), Ripples Global Head Institutional Markets Talks About XRP-Powered ODL at CCDAS 2022, Exclusive: 21Shares President on Huge Success of $SOL and $DOT Products and Why They Use CryptoCompares Price Data, Solana Network: Highlights From Breakpoint Conference Paint a Very Healthy Picture. Thus, many users consider alternative crypto solutions that allow economizing funds and time associated with their transactions. Solana expects to launch its mobile phone, the Solana Saga, in early 2023. Solana Active Addresses. Meanwhile, CoinMarketCap noted that active addresses on BNB Chain remained flat over an equivalent period, while data on new users on Ethereum showed a decline since the start of this year. There is a supply page on solana beach, under "Wealth Distribution Overview". Learn more about how Statista can support your business. Solana, according to CryptoCompares latest Asset Report, has recovered so well that it has been one of the best performers so far this year, with an over 60% rally to $16 at the time of writing. Solana (SOL) is a blockchain network that has the priority of providing its users with quick transactions as well as a high level of throughput, which is done through the implementation of a unique method of ordering transactions, where users can pay the transaction fees and interact with smart contracts through the usage of the native token SOL. Yakovenko first proposed this innovative blockchain in 2017, and Solana launched in March 2020. The Active BNB Smart Chain Address chart shows the daily number of unique addresses that were active on the network as a sender or receiver. Please create an employee account to be able to mark statistics as favorites. Reading time: ~2 m. The number of daily active users on Ethereum, Polygon, and Solana are becoming almost identical with them converging at the level of approximately 300,000 daily users as measured by the . Societe Generale Withdraws $7M in DAI From MakerDAO Vault, Cardano (ADA) Bullish: 3 Factors That May Have Contributed to Altcoins Explosion, Bitcoin-Inspired Altcoin Project Skyrockets 115% This Month Amid Series of Updates. Learn more about Consensus 2023, CoinDesks longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Get full access to all features within our Business Solutions. I have also been looking for this stat! Im actually looking for the number of users on the network so looking for active addresses. Solana and Ethereum hold some things in common, but they also have stark differences. But more stats would be nice for sure. From the perspective of the entire crypto industry, the current situation is mostly beneficial. I do think the growth on Solana is legit. SOL's proof of history algorithm provides unique security for the network. Here is a short breakdown of where the two platforms overlap and where they diverge: In addition, Hazim mentions its important to note that Solana Labs, Solanas technology company, is working on several interesting products. Ensure that you've migrated to the Helium Wallet app for a smooth transition. Deposit $100 and get a $10 bonus! (Pixabay, modified by CoinDesk). The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Citation indicates the significance of news. On Solana, new users peaked at over 400,000 in May before gradually. He believes that the use of NFTs and other digital assets is only going to explode in the next few years and Solana reminds him of Ethereum back in 2018 when it was down 97% and nobody cared about it. Active addresses and daily NFT trading volume have returned to levels last seen before the collapse of crypto exchange FTX, a report from the bank said. Your weekly wrap of Web3 news and trends. He began his financial writing career in 2005 as a marketing copywriter, which is how he refined his investing knowledge and skills. Report. The Solana wallet Phantom noted its public launch in July 2021 and tweeted, "In just 9 months we have grown to over 1.8M monthly active users with no sign of slowing down!" However, journalist and Unchained podcast host Laura Shin questioned whether this number specifically referenced active "users" or "addresses." One of the biggest DApps on Solana is Raydium, an on-chain order book AMM that helps users execute trades. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. by Admin Posted on June 28, 2022. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). So my guess is total of 60M or less. Posted in Solana. Activity on the network also rose because $BONK was airdropped to Solan NFT holders, meaning the meme-inspired cryptocurrency was able to target the most active part of Solanas community.. Business Solutions including all features. By signing up, you will receive emails about CoinDesk products and you agree to ourterms & conditionsandprivacy policy. At the same time, Solana demonstrates the most rapid growth within the past few days, closing the gap between its number of daily active addresses and those of leading platforms. Moreover, the reliance on proof-of-stake by Polygon and Solana provides them additional advantages in terms of scalability and fees optimization. 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