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Solana (SOL) Added A New One To Its Records! Will the rise continue?
The cryptocurrency unit Solana, which has recently made headlines with its impressive price increase, is not only dominating the market, but also breaking records in network activity.
Solana Achieves Record-Breaking Monthly Metrics Amid Price Surge
Just a year after suffering a significant drop below $10 following the collapse of FTX, the coin's rapid rise to surpass $100 has caused a stir in the crypto community.
The number of active addresses on the Solana network increased by nearly 50% compared to November, reaching over 15.6 million. This figure surpassed the previous record of 15.2 million set in January of the same year.
At the same time, the number of new addresses on the Solana network reached a record high of 6.8 million recorded in December. This figure also surpassed the previous record of 6.6 million set in May 2023.
While these metrics show the growing popularity of the network and user participation, it is noteworthy that non-voting transactions have not yet surpassed the November figures.
On the Solana network, non-voting transactions are crucial as they involve actions such as sending funds or triggering smart contracts, and are considered an important indicator of actual user activity.
Solana (SOL) Latest Status
With its recent rises, Solana has taken the title of the 4th largest cryptocurrency by trading volume after Tether.
On the other hand, the SOL, which rises above an important resistance of $110, may see even higher levels if it persists here.