- In January, Solana recorded a surge in new demand.
- This drove community exercise on the chain to an all-time excessive.
Main Layer 1 (L1) community Solana [SOL] has seen an uptick in new customers, with the variety of distinctive addresses created on the community reaching an all-time excessive in January, based on The Block’s information dashboard.
In line with the info supplier, the depend of latest addresses created on Solana through the 31-day interval totaled 11.81 million. This represented an 18% development from the ten million new addresses that the community recorded in December.
AMBCrypto discovered that January’s determine marked the community’s highest since Might 2022, when it closed the month with a brand new handle depend of 11.72 million.

Supply: The Block
AMBCrypto reported earlier that the latest surge in community exercise on Solana was as a result of anticipation across the Jupiter airdrop.
Described as the biggest airdrop on the Solana community, it noticed the distribution of claimed 622 million JUP tokens (value $3.6 billion) to over 440,000 addresses efficiently from Jupiter Alternate on the thirty first of January.
On the day of the airdrop, the each day depend of energetic addresses on the Solana community climbed to an all-time excessive.
Any affect on different sectors?
Though January was marked by elevated demand for the Solana community, its non-fungible tokens (NFTs) sector failed to learn from this. In line with information from CryptoSlam, Solana recorded a decline in NFT gross sales quantity.
Data from the info supplier confirmed that through the interval below assessment, NFT gross sales quantity on Solana was $239 million, a whopping 35% lower from the $365 million recorded in gross sales quantity in December.
This hole in month-over-month gross sales quantity on Solana was as a result of variations in complete NFT transactions accomplished within the two months.
In line with CryptoSlam, 6.5 million NFT gross sales transactions have been accomplished on Solana in December. By the tip of January, this had declined by 31%.
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Alternatively, Solana’s Decentralized Finance (DeFi) vertical recorded some development in January. In line with information from DefiLlama, the community’s complete worth locked (TVL) rose by 11% in January.
For context, the community’s TVL was $1.41 billion on New 12 months’s Day. As of the thirty first of January, it had climbed to $1.6 billion.