On January 28, 2026, active daily addresses on the Solana network rose 115% to over 5 million, fueled by renewed interest in memecoins after the launch of Anthropic’s Claude Cowork. The data underline a notable uptick in on-chain activity for the Solana network amid evolving investor sentiment.
Recent trends indicate that while Bitcoin and Ethereum ETFs faced outflows, altcoin ETFs, including those for Solana, saw an influx of institutional interest, highlighting a shift toward altcoins. The development suggests growing diversification as institutions seek exposure beyond the top cryptocurrencies and into ecosystem-specific funds.
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