Solana User Activity Falls to One-Year Low as Memecoin Hype Subsides

13-Nov-2025 The Crypto Basic

Solana User Activity Falls to One-Year Low as Memecoin Hype Subsides

Solana user engagement has decreased significantly in 2025, hitting a one-year low amid the fading memecoin boom that underpinned last year’s growth. According to Glassnode data, the number of active addresses on the Solana blockchain has declined to 3.3 million.

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