Solana's new wallets jump 124% while exchange order book depth drops 28%
- —Solana daily new wallets hit ~1.71 million, up 124% since early September
- —Daily active addresses rose 58% to about 4.27 million
- —SOL order book depth within ±2% fell from ~$28 million to ~$20 million
- —On Coinbase, bids within ±2% exceed $6 million versus $4 million in asks
Why it matters: Rising network activity is not translating into exchange liquidity, so large orders could move SOL's price more sharply.
Source: TokenPost