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Trump meme craze pushes new Solana addresses to all-time high: Report

Trump meme craze pushes new Solana addresses to all-time high: Report

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Source: Coin Telegraph

The TRUMP memecoin shattered records before Inauguration Day, eventually reaching a total market cap of more than $12 billion.

The pre-inauguration Donald Trump memecoin frenzy contributed to a record surge in new Solana addresses as users continued to flock to the meme-friendly blockchain. 

According to digital asset custody service Copper.co, the daily number of new Solana addresses reached almost 9 million ahead of US President Donald Trump’s inaugaration. The figures were based on data provided by the onchain analytics platform Glassnode.

Using Glassnode data, Copper.co charted a massive surge in new Solana addresses in January. Source: Copper.co

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Author: Sam Bourgi