Despite memecoin crash: Solana has more and more hodlers

According to a post by noted onchain analyst Ali on platform X, more than 11 million people now own at least 0.1 Solana in their wallets - a new record.

When it comes to network activity, things look different. The number of active addresses has halved since peaking at over 13 million in October 2024 to about 7 million today.

Solana profited for a long time from the controversial trading of memecoins. However, this sector collapsed after scandals surrounding Trump-Coin and Libra, among others. Major upgrades, a possible Solana spot ETF, a new Web3 smartphone and more developments are planned. Despite recent setbacks, 2025 looks promising for the network.

Currently, Solana's share price is around $142, with a market capitalization of $72 billion. Its highest point ever was reached on Jan. 19, 2025, with a price of nearly $300.