Solana has recorded a 33% surge in new wallet addresses since September 1, significantly outpacing user growth on Ethereum and Chainlink, according to data from Santiment. The network’s expanding utility across crypto and decentralized finance appears to be attracting new users faster than rival networks, even as SOL’s price rose by roughly 20% over the same period.
In contrast, Ethereum saw new address creation remain largely flat while ETH gained about 11%. Chainlink displayed an even sharper divergence: LINK rallied from $11.22 on September 1 to $13.96 on October 6, a gain of about 24%, but new address growth on Chainlink increased by less than 2%. Santiment’s data suggests Solana’s wallet activity is currently the strongest among the three networks, pointing to faster ecosystem adoption.
