<ul><li>Solana's active addresses reached a record high of 123 million in October, marking an increase of over 42% from September.</li><li>This surge is attributed to the rising memecoin trading, driven by apps like Pump.fun and the decentralized exchange Raydium.</li><li>Over $600 million has been bridged to Solana from other blockchains throughout October, with over 90% of this amount coming directly from Ethereum.</li><li>Solana protocols continue to outpace Ethereum in 24-hour fee generation, highlighting the ecosystem's active user base and rising demand.</li></ul>

Solana Surges In Activity As Active Addresses and Memecoin Trading Reach New Highs

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