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Solana leads all blockchains with 18 million active addresses, and prices remain stable at support l

2026-07-26 12:25:30
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Solana leads all major blockchains in the number of weekly active addresses, and prices remain stable at key support levels.

According to data released by Solana Hub, Solana recorded 18 million active addresses in the past week, ranking first among all mainstream blockchains. The data comes as its native token, SOL, is stabilizing near key support levels after weeks of consolidation.

Internet activity attracts industry attention

Solana Hub pointed out that Solana had 18 million active addresses last week, surpassing networks such as BNB Chain, TRON, Bitcoin and Ethereum during the same period. The data appeared in the "Blockchain Ranking of Active Addresses in the Last 7 Days", highlighting Solana's leading position in on-chain activity.

Active addresses reflect the number of unique wallets participating in transactions over a certain period of time. Growth in the user base is often seen as a signal of increased application demand, improved transaction throughput, and increased engagement in the network ecosystem. Active addresses are one of the most reliable indicators of the health of blockchain networks, revealing adoption trends and user engagement. The significant increase in this indicator means that the ecosystem is vibrant and is expected to increase the confidence of developers and communities in Solana.

The data on the chain is eye-catching, but the price trend of SOL is flat.

As of press time, SOL reported US$74.33, up 0.50% in 24 hours. Prices are trying to stabilize near the $73 support level after recovering from June lows. Technical analysis shows that recent resistance is at US$78, which coincides with the middle track of the Bollinger Band; stronger support is around US$68.

Volume has declined over the past few trading sessions, indicating that neither long nor short positions dominate the market. As a result, Solana may continue to fluctuate within the range until there is a clear signal of a breakthrough or break.

(Support: US$73, Resistance: US$78, Current price: US$74.33; Stronger support: US$68)

Despite strong online data, traders remain cautious and wait for confirmation that buying pressure has returned before becoming more optimistic about the SOL outlook.

Market Outlook and Key Prices

Solana's strong growth in online activity has not yet translated into significant price fluctuations. Analysts point out that this phenomenon is common across the cryptocurrency space-high-chain participation does not always trigger an immediate price increase.

DefiLlama data shows that Solana's total locked positions (TVL) have stabilized at around US$5 billion, further confirming that the overall participation of the ecosystem remains strong despite continued price consolidation.

Although increased online activity is positive for Solana's long-term fundamentals, traders are still focusing on a breakthrough in the $78 resistance level, which will be a key signal that short-term sentiment turns positive. If SOL falls below the US$73 support, the US$68 area may become the next downside target. Amid continued market volatility, investors are closely watching external catalysts and market sentiment to capture Solana's next big move.

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