Solana Plummets, But Daily Active Addresses Surge – Will Rebound Occur?

Solana’s price has experienced a sharp decline of 49% from its peak. However, this market downturn coincides with a notable increase in active addresses and new wallet creation on the network. This unusual trend presents a question: Can Solana rebound? Despite the declining SOL price, daily active addresses have shown a strong upward trend, reaching a ten-week high. Traders are watching closely for signs of an upcoming market revival. 2025 bullish sentiment is increasingly shaping expectations.