Solana's active address count has dropped to 3.3 million, marking its lowest level in a year, according to recent data. This represents a significant decline from the network's peak of over 9 million active addresses in January. The decrease follows a period of high activity in late 2024 when Solana became a leading platform for Meme coin issuance and trading. However, as interest in Meme coins diminished throughout 2025, the number of active addresses on the network has steadily decreased.