⚡ Solana Active Wallets Hit 17M ATH – Pump fun ICO Sparks Ecosystem Surge
📈 UPDATE: Solana’s daily active wallets have surged past 17 million, marking an all-time high in network activity. The spike coincides with the highly anticipated Pump.fun ICO, a meme coin launchpad built on Solana, which has drawn massive user engagement and liquidity.
📊 Key Highlights:
- Active addresses increased 400% in 24 hours, per Santiment data
- SOL price rose to $167, with analysts targeting $216 if momentum holds
- Pump.fun’s $4B ICO on July 12 triggered a wave of new wallet creation and token transfers
🧠 Why It Matters:
- High wallet activity often signals organic demand and ecosystem growth
- Solana’s low fees and fast transactions make it ideal for meme coin launches and retail onboarding
- The surge reflects growing interest in community-driven token creation
💬 Community Insight:
“Solana’s network is buzzing — this is what real adoption looks like,” says analyst Muthoni
Developers are reporting record traffic on Solana-based dApps and launchpads
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🔍 What’s Next?
With Pump.fun’s ICO complete and trading set to begin, Solana may continue to see elevated activity. If wallet growth sustains and price breaks above the 200-day SMA, SOL could enter a new bullish phase — driven by utility, not just speculation.
📢 Your Take:
Is Solana’s surge a sign of lasting adoption or just ICO-driven hype?
Drop your thoughts below 👇
Solana #SOL #PumpFun #ActiveWallets
