Daily New Addresses on Solana Network Hit Record Levels

The number of new addresses being created daily on the Solana blockchain has reached an unprecedented level. The daily average for new addresses on the network has exceeded 691,000, setting a new record.

This increase in adoption metrics indicates a genuine interest in the Solana network, according to Tristan Frizza, founder of Zeta Markets.

Frizza believes that this is not only due to speculative interest, but also a sign that Solana is likely to reach new all-time highs soon.

With daily transaction numbers surpassing those of major blockchains like Ethereum, Arbitrum, Optimism, BNB Chain, Tron, and Avalanche combined, it is highly likely that Solana will become one of the top three blockchains by market capitalization.

Frizza also noted that Solana has seen a significant surge in transaction volumes on decentralized exchanges, consistently surpassing $2 billion in daily trading since March.