Solana has achieved a milestone of 167 million token holders as of early April 2026, indicating robust adoption despite a decline in active addresses. Data from Token Terminal highlights a growing gap between ownership and usage, with active addresses dropping to 34 million from 40 million in March. This trend suggests that while more wallets hold SOL, fewer users are actively transacting. Institutional interest in Solana is rising, with DeFi Development Corp accumulating over 2.22 million SOL tokens, underscoring long-term confidence in the network. However, technical indicators such as MACD and Rate of Change remain bearish, reflecting cautious market sentiment. SOL's price has fluctuated between $79 and $82, with resistance at $86 and potential support at $80, amid broader market pressures.
Solana Reaches 167 Million Holders Amid Declining Activity and Bearish Signals
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