February 21 news, according to Cointelegraph, Memecoin fraud is weakening community trust, especially the Libra token incident, resulting in a significant decline in Solana user activity. The number of active addresses on the network dropped to a weekly average in February. There are 9.5 million, down nearly 40% from the 15.6 million active addresses in November 2024. As confidence in Solana weakens, multimillion-dollar cryptocurrencies are moving from Solana to other blockchains, suggesting that potential capital outflows may have a net positive impact on the long-term growth of the blockchain.