Solana Active Trading Wallets Reach 609,000, Highest in 7 Months

In July, the number of unique wallets that executed actual transactions on the Solana (SOL) network totaled 609,000. This marks the highest figure in seven months. This number refers to the count of 'independent active trading wallets' that executed at least one transaction, excluding newly created wallets. The 609,000 active wallets represent the highest value in the past seven months, indicating an increase in wallets executing transactions on the Solana network. Although the monthly figure for July saw a 1.1% decline, continuing a ten-month downward trend, it processed 8.7 billion transactions, achieving the highest monthly throughput in four months. The simultaneous increase in active trading wallets and transaction throughput demonstrates that the real usage metrics of the Solana ecosystem have not diminished even during a price correction phase. However, SolanaFloor did not disclose details regarding the methodology for calculating active wallet numbers or the changes compared to the previous month.