Solana's adoption continues to accelerate, reaching a significant milestone: over 11.44 million wallets now hold at least 0.1 SOL, marking a new all-time high. This surge in wallet numbers reflects growing confidence and increased on-chain activity within the Solana ecosystem. From memecoins and decentralized physical infrastructure networks (DePIN) to real-world payment applications, Solana's diverse use cases are attracting a broad user base.
The rise in wallet holdings is accompanied by heightened market interest, especially with the impending launch of the first-ever Solana staking ETF by REX-Osprey. This development is expected to further boost institutional participation and could potentially lead to increased liquidity and accessibility for SOL tokens.
As Solana's ecosystem expands and adoption grows, the network is solidifying its position as a prominent player in the blockchain space.