Solana Records 33% Spike in New Addresses

Solana gains rapid adoption, especially after its price saw an impressive surge in September, putting the leading altcoin in the spotlight.

Caroline Amosun · 7 Oct 2026 · 4 min read

Wire content from U.Today

Solana Records 33% Spike in New Addresses

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By
Caroline Amosun

Wed, 7/10/2026 – 15:47

Solana gains rapid adoption, especially after its price saw an impressive surge in September, putting the leading altcoin in the spotlight.

Solana Records 33% Spike in New Addresses

Cover image via U.Today

Solana outpaces Ethereum in user growth
Solana Versus Chainlink

Solana is increasingly gaining traction as it continues to witness steady growth across the crypto and DeFi ecosystem.

With its fast-expanding utility, Solana has recorded a sharp increase in new addresses. As such, the network has seen stronger user growth despite a modest rise in its price last month.

Solana outpaces Ethereum in user growth

Earlier today, Santiment shared data revealing that network adoption on Solana has outpaced the growth seen on Ethereum and Chainlink.

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According to the data, new addresses on Solana have surged by 33% since September 1 to date, while SOL recorded a price gain of 20% at the time.

With such rapid growth in its wallet activity, it appears that new users have been entering the Solana ecosystem at a faster pace since last month.

Solana Versus Chainlink

When compared with Chainlink’s performance, the growth in Solana’s wallet activity marks a complete divergence, as both Chainlink and Ethereum did not witness any notable increase in their wallet activity.

Over the period, Chainlink’s price surged from $11.22 on September 1 to $13.96 on October 6.

While this marked a gain of about 24% in LINK’s price, there was no corresponding growth in its wallet activity, as the number of new addresses on Chainlink only increased by less than 2% over the period.

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#Solana Price Prediction
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#Ethereum