Solana continues to lead in daily blockchain usage with 5.8 million active addresses, but market conditions raise questions about its future.
Solana Blockchain Usage
According to data from the Solana Post, the network reached 5.8 million daily active addresses, a 43.4% increase from the previous period. This figure places Solana ahead of other blockchains, such as Near Protocol with 2.9 million addresses and Ethereum with 495.1 thousand addresses. In terms of daily transactions, Solana also leads with 99.5 million, a 16.1% increase.
Sharp Increase in Monthly Users
Long-term usage trends show significant growth. In May 2025, the number of active Solana users reached 134.73 million, nearly double from 80 million in the first quarter. This growth follows a drop to 20 million users in May 2024.
Solana Price Dynamics and Market Challenges
Currently, the price of Solana tokens stands at $144.07, testing the $140–$150 support level. This level was previously a resistance, and there is a struggle between bulls and bears amid geopolitical shocks related to the Israel-Iran conflict.
Solana continues to show strong user engagement metrics, but its price remains under pressure. The future of the network largely depends on its ability to maintain rising user engagement amidst current market instability.
