CandleFocus Solana Leads in Daily Active Addresses Among Major Blockchains
2024-09-27
Author: Content Editor
Solana has surpassed Bitcoin and Ethereum in terms of daily active addresses, with 3.04 million active addresses. Additionally, Toncoin and Tron are strong competitors with 2.89 million and 2.5 million active addresses, respectively. Bitcoin and Ethereum had significantly lower numbers of daily active addresses, implying that newer chains are gaining traction due to lower fees, faster processing times, and emerging use cases. Other blockchains, such as Litecoin, Algorand, Dogecoin, and Avalanche, also showed varying levels of daily active addresses. This data highlights the increasing user activity in newer blockchains and suggests a shifting dynamic in the blockchain industry.
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