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Solana Hits Record High in Monthly Active Addresses Despite Tokens Decline

  • Solana saw a record high in monthly active addresses in October, with over 123 million on the network.
  • User activity surged due to the popularity of new memecoins, despite most SOL-based tokens being bearish this week.
  • The $SOL token trades at $156.76, down 4% in 24 hours but up 10.17% in the month, with a 270% increase over the past year.
  • Despite the positive numbers from the network, the majority of SOL-based tokens are bearish this week.

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