[Solana Active Addresses Drop to a 12-Month Low of 3.3 Million]
According to data from The Block, the number of active addresses on Solana has dropped to 3.3 million, marking a 12-month low and a significant decline compared to the January peak of over 9 million active addresses. Nevertheless, Solana continues to expand its product infrastructure, building decentralized exchanges, prediction markets, and real-world asset protocols. The total value locked (TVL) in DeFi has reached $10 billion, with protocols like Jupiter, Kamino, and Jito performing exceptionally well.