Solana hits 1.88M unique active addresses, its highest level in 13 months
Solana hit 1.88 million unique active addresses, its highest in 13 months. Funded wallets rose 38.5% and daily active stablecoin addresses jumped 269%, while spot SOL ETFs lost $22M.
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Solana’s unique active addresses reached 1.88 million as of October 9, 2026, the highest reading in 13 months, according to on-chain data from SolanaFloor and the Blockworks analytics dashboard.
Which tracker produced which number
The 1.88 million figure and the daily active address count come from different sources and should not be treated as the same measurement. Santiment reported network growth accelerating 124% since early September, which works out to roughly 1.71 million new wallets created per day, while daily active addresses rose 58% to about 4.27 million unique wallets.
Funded wallets, meaning addresses that actually hold a balance, rose 38.5% month-over-month to 16.1 million total. That last metric is the one that separates genuine usage from address inflation, because an address that has never held anything can still be counted as active in some trackers.
Builders and dollar flow
Solana logged over 8,400 monthly active programs in September, a new record. Programs are Solana’s version of smart contracts, the software running apps, exchanges, games and payment tools on the chain.
The stablecoin figures are the more substantive signal. Daily active stablecoin addresses hit 888,000 in September, a 269% increase from the same month a year earlier. Total stablecoin supply on the network has passed $15 billion, spread across more than 14 million addresses. A 269% year-over-year rise in active stablecoin addresses alongside that supply suggests the chain is increasingly being used to move dollars rather than only to trade tokens.
The ETF divergence
US spot SOL ETFs recorded net outflows of more than $22 million through early October, reversing a September marked by strong inflows into the same products.
So on-chain usage is at a 13-month high while the regulated investment wrapper around the asset is losing money. These measure different populations. ETF flows reflect institutional allocation decisions, while active addresses and stablecoin supply reflect retail and application-level behaviour. The divergence can persist for a long time without either side forcing a resolution.
What to watch next
Whether unique active addresses hold near the 1.88 million mark once the current surge settles. Whether funded wallet growth continues at anything close to the 38.5% monthly pace, which is the metric that would confirm new participants rather than existing ones transacting more. And whether ETF flows flip back to positive. If funded wallets keep climbing while ETFs keep bleeding, the chain’s dollar activity is growing independently of the institutional wrapper, which is the more useful thing to know.