{"id":78865,"date":"2023-05-17T13:02:37","date_gmt":"2023-05-17T10:02:37","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=78865"},"modified":"2025-09-11T07:47:19","modified_gmt":"2025-09-11T04:47:19","slug":"solana-records-influx-of-new-users","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/solana-records-influx-of-new-users\/","title":{"rendered":"Solana records influx of new users"},"content":{"rendered":"<p>On May 15, the number of new addresses on the Solana network rose to its highest level since June 2022 \u2014 304,640. The data come from <a href=\"https:\/\/www.theblock.co\/post\/231039\/solana-sees-surge-in-new-users\">The Block<\/a>.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"311\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2023-05-17-v-12.19.50-1024x311.png\" alt=\"Snimok-ekrana-2023-05-17-v-12.19.50\" class=\"wp-image-207139\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2023-05-17-v-12.19.50-1024x311.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2023-05-17-v-12.19.50-300x91.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2023-05-17-v-12.19.50-768x234.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2023-05-17-v-12.19.50.png 1292w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>7-day moving average of new addresses on the Solana network. Data: <a href=\"https:\/\/www.theblock.co\/data\/on-chain-metrics\/solana\/number-of-new-addresses-on-the-solana-network-daily-7dma\">The Block<\/a>.<br \/><\/figcaption><\/figure>\n<p>In the first half of May alone, the influx of new users surpassed April&#8217;s figures. The spike in activity was likely driven by higher fees in Bitcoin and Ethereum networks.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"318\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2023-05-17-v-12.29.39-1024x318.png\" alt=\"Snimok-ekrana-2023-05-17-v-12.29.39\" class=\"wp-image-207140\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2023-05-17-v-12.29.39-1024x318.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2023-05-17-v-12.29.39-300x93.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2023-05-17-v-12.29.39-768x239.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2023-05-17-v-12.29.39.png 1290w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>7-day moving average of transaction fees in Bitcoin and Ethereum networks. Data: <a href=\"https:\/\/www.theblock.co\/data\/on-chain-metrics\/comparison-bitcoin-ethereum\/transaction-fees-daily\">The Block<\/a>.<br \/><\/figcaption><\/figure>\n<p>According to Glassnode, miners&#8217; revenue from fees per block for the fifth time in history <a href=\"https:\/\/u1f987.com\/en\/news\/hype-around-brc-20-tokens-drives-surge-in-bitcoin-miners-revenues\">exceeded<\/a> the block reward for mining it (6.25 BTC).<\/p>\n<p>The number of active addresses on Solana also rose to levels seen in January 2023. On May 9 the metric reached a local maximum of 488,460.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"314\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2023-05-17-v-12.28.00-1024x314.png\" alt=\"Snimok-ekrana-2023-05-17-v-12.28.00\" class=\"wp-image-207141\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2023-05-17-v-12.28.00-1024x314.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2023-05-17-v-12.28.00-300x92.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2023-05-17-v-12.28.00-768x236.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2023-05-17-v-12.28.00.png 1290w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>7-day moving average of active addresses on the Solana network. Data: <a href=\"https:\/\/www.theblock.co\/data\/on-chain-metrics\/solana\/number-of-active-addresses-on-the-solana-network-daily-7dma\">The Block<\/a>.<br \/><\/figcaption><\/figure>\n<p>The Block analysts suggested that, in addition to higher fees in other networks, the influx of new users to Solana may be linked to <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-network-records-second-disruption-to-transaction-finalisation\">issues with Ethereum transaction finalization<\/a>.<\/p>\n<p>The rise in network activity hardly affected the price of the native SOL token. At the time of writing, the asset was trading at $20.67, down 0.05% on the day.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"405\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/SOLUSDT_2023-05-17_12-58-31-1024x405.png\" alt=\"SOLUSDT_2023-05-17_12-58-31\" class=\"wp-image-207142\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/SOLUSDT_2023-05-17_12-58-31-1024x405.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/SOLUSDT_2023-05-17_12-58-31-300x119.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/SOLUSDT_2023-05-17_12-58-31-768x304.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/SOLUSDT_2023-05-17_12-58-31-1536x608.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/SOLUSDT_2023-05-17_12-58-31-2048x811.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Hourly chart of SOL\/USDT on Binance. Data: <a href=\"https:\/\/www.tradingview.com\/symbols\/SOLUSDT\/\">TradingView<\/a>. <br \/><\/figcaption><\/figure>\n<p>In April, Solana <a href=\"https:\/\/u1f987.com\/en\/news\/solana-launches-real-time-carbon-footprint-tracker-for-its-blockchain\">launched<\/a> a real-time carbon footprint tracking feature for the blockchain.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On May 15, the number of new addresses on the Solana network rose to its highest level since June 2022 \u2014 304,640.<\/p>\n","protected":false},"author":1,"featured_media":78866,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1268,1159],"class_list":["post-78865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-on-chain-analysis","tag-solana-sol"],"aioseo_notices":[],"amp_enabled":true,"views":"33","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/78865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=78865"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/78865\/revisions"}],"predecessor-version":[{"id":78867,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/78865\/revisions\/78867"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/78866"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=78865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=78865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=78865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}