#WalletActivityInsights Insights from wallet activity on the Solana ($SOL) network are painting a picture of explosive growth and engagement in early 2025. On-chain data highlights over 5.8 million active wallets in the past month, driven by Solana’s low-cost transactions and booming NFT and DeFi ecosystems. Large wallet transfers, including several exceeding $5 million, signal institutional adoption and whale accumulation, often tied to major DEX trades and staking pools. Meanwhile, a spike in new wallet creations—up 20% from last month—shows retail interest surging. These patterns, tracked through analytics platforms, indicate Solana’s strengthening position, though users must stay alert for potential vulnerabilities like phishing attacks targeting active wallets.