In addition to demonstrating increased conviction in the network’s speed and scalability, this dramatic increase in active addresses also emphasizes Solana’s solidifying position as one of the most popular blockchains in the current cryptocurrency sector. A persistent surge in active addresses could set the stage for a bounce as the bull market phase strengthens.
This sharp uptick in wallets represents a 7.5x rise in the last two days. Batman is confident that these wallet addresses will continue to rise, highlighting that bigger price moves are on the way for Solana.