Ethereum Active Addresses Fall 17%, Solana Drops 30% as Network Activity Declines

Ethereum's daily active addresses declined 17% from a July peak of 589,000 to 488,000, while Solana recorded a 30% monthly drop in Q3 2025, according to data from institutional DeFi solutions provider Sentora. The memecoin sector saw sharper contractions, with Pepe's active users falling 85%. The firm characterized the decline as part of a broader six-month altcoin slowdown, with on-chain metrics signaling reduced user engagement across major networks.