PANews reported on November 13th that, according to The Block, the number of active addresses on Solana has dropped to 3.3 million, a new low in 12 months, representing a significant decline compared to the network's peak of over 9 million active addresses in January of this year. In late 2024, as Solana established itself as the dominant chain for Meme coin issuance and trading, its active address count surged. Throughout 2025, as enthusiasm for Meme coin gradually waned from its peak, the number of active addresses also gradually declined.