The network reached the milestone on Oct. 9 as market momentum remained mixed and traders monitored activity across the Solana ecosystem.
Solana's surge in active addresses highlights its growing utility for stablecoin transactions, despite ETF outflows, signaling ecosystem resilience. Solana hits 1.88M unique active addresses, its highest level in 13 months.
Securitize launched 1:1-backed entitlements to 12 US equities on Solana, with dividends and applicable voting rights retained under UCC Article 8.
Solana is about to complete an acceleration that began in August. The crypto network must reduce its target time between two blocks from 250 to 200 milliseconds during epoch 1053, expected on October 9.
The token maintains 1:1 redemption with SOL and directs staking returns to integrated protocols. The launch targets approximately $2.2 billion in inactive wSOL.
Securitize's new stock tokens represent security entitlements backed by shares, while the companies whose stock appears on the tokens have not sponsored the offering.
Samsung Wallet will add USDC transfers on Solana for eligible U.S. Galaxy users in late October, reaching 82 million devices, Solana said.
The upgrade would create five target block-production opportunities per second while increasing voting and network demands for validators.
The network is completing a seven-week push to produce blocks twice as frequently, though validators face higher costs and tighter operating windows.
Monthly volume dropped from $39.8 million in January 2025 to $9.6 million in March and $7.3 million in Sept. 2026, while effective fees stayed near 1.05% to 1.20%.
Withdrawals eased from $4.8 million the previous session, while five-day net outflows reached $19.9 million.
Morgan Stanley's Solana Trust recorded a $1.77 million inflow, but Bitwise's fund saw $5.26 million leave the market.