Number of Solana Wallets Shows Slight Decrease Over Two Weeks

Source
Son Min

Summary

  • The number of wallets holding more than 100 Solana (SOL) has decreased by 2.24% over two weeks.
  • According to Glassnode, the number of Solana wallets decreased from 154,653 to 151,184.
  • CoinTelegraph reported that Solana's daily transaction volume has decreased, indicating declining demand for Solana.

The number of wallet addresses holding more than 100 Solana (SOL) has shown a slight decrease.

On the 17th (local time), cryptocurrency analyst Ali Martinez revealed via X that "wallets holding more than 100 SOL have decreased by 2.24% over the past two weeks." According to Glassnode data, the number of Solana wallets in this range decreased from 154,653 to 151,184.

Meanwhile, CoinTelegraph reported that "Solana's daily transaction volume has decreased from its all-time high of 71,738 on January 23 to the current 9,303," indicating a decline in demand for Solana.

publisher img

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
What did you think of the article you just read?