Business · Cryptocurrency · published 2026-10-08 · via Be In Crypto

Santiment Points to Solana Wallet Growth as Long-Term Bullish Signal

Santiment reports that Solana network growth has risen 124% since early September, adding about 1.71 million new wallets daily. The analytics firm sees this expansion as a long-term bullish factor. Meanwhile, US spot Solana ETFs have recorded $17.7 million in outflows over three straight sessions.

Expanded Detail

Santiment says Solana's network growth has climbed 124% since early September, with roughly 1.71 million new wallets added daily. The analytics firm views this wallet expansion as a long-term bullish signal for the network.

At the same time, US spot Solana ETFs have seen $17.7 million in outflows across three consecutive sessions. That contrast places rising on-chain wallet activity alongside recent investment-fund withdrawals.

Context

Sustained wallet growth on Solana could affect retail users, developers, and investors by expanding participation and potentially shaping liquidity and adoption. Recent ETF outflows may show that institutional demand can move differently from on-chain activity, leaving market participants with mixed signals. How this affects everyday users and financial firms may depend on whether wallet creation translates into lasting use, and outcomes remain uncertain.

Expanded detail and Context are AI-generated analysis; the linked article remains the authoritative source.

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This summary is Al-enhanced to contain extended analysis and broader social context. The original is {NAME); the linked article is the authoritative source. Original headline: “Santiment Sees a Long-Term Bullish Case in Solana's 124% Network Growth.” Browse more stories.