Solana Active Addresses Fall to 3.3 Million, Down 63% From January Peak
Solana's active addresses dropped to approximately 3.3 million on November 13, hitting a 12-month low and declining 63% from January's peak of over 9 million. The decline reflects reduced memecoin trading activity that previously fueled network growth. DeFi total value locked remains around $10 billion, with Jupiter, Kamino, and Jito leading platform participation.