Упадок интереса к мем-токенам приводит к снижению числа активных адресов Solana Headline: Decline in Interest for Meme Tokens Leads to Decrease in Active Solana Addresses

The number of active Solana addresses has dropped to a yearly low of 3.3 million, down from a peak of around 9 million recorded in January.

This surge in activity notably peaked at the end of 2024 when the «people’s cryptocurrency» network solidified its role as a primary platform for launching and trading meme tokens, largely due to its high transaction speed and low fees compared to Ethereum.

Despite this decline in overall engagement, the service Pump.fun continues to perform robustly, with its daily revenue exceeding $1 million and capturing around 90% of the launchpad market share. This indicates that even with reduced involvement, certain segments are still showing significant activity.

The evolving trends highlight the rapid shifts in the cryptocurrency market and underscore the need for ecosystems not to overly concentrate on a single growth driver. Networks reliant on narrow use cases become vulnerable when the related momentum weakens.

Even amidst decreasing on-chain activity, Solana is advancing its infrastructure with new decentralized exchanges (DEX), prediction markets, and RWA solutions emerging. The total value locked (TVL) in the DeFi ecosystem is nearing $10 billion, surpassing BTCFi, BNB Chain, and TRON, with leading platforms including Jupiter, Kamino, and Jito.

Developer activity on Solana remains relatively high, suggesting a desire to build a more resilient ecosystem foundation that goes beyond speculative trading.

However, despite these positive indicators and significant inflows into newly launched spot ETFs, the price of SOL has declined by approximately 21% over the past 30 days, according to CoinGecko. At the time of writing, the asset is trading around $155.

Notably, Bitwise’s Chief Investment Officer Matt Hougan has suggested that Solana could replicate Bitcoin’s success.