CandleFocus Top Blockchains by Monthly Active Addresses: A Detailed Look
2024-10-02
Author: Content Editor
According to recent statistics from Phoenix, Solana is the top blockchain in terms of monthly active addresses, with 99.5 million new active addresses over 30 days. Solana's high-performance network and lower transfer costs have contributed to its popularity. Near Protocol comes in second with 30.6 million active addresses, thanks to its sharded proof-of-stake architecture that allows for low fees and scalability. Base, a new L2 solution developed by Coinbase on Ethereum, secures the third position with 22.3 million active addresses, reflecting its appeal within the dApp ecosystem. Other notable blockchains on the list include Tron, BNB Chain, Ton, Ethereum, Polygon, Arbitrum, and Optimism. In terms of daily activity, Solana remains dominant with 3.4 million addresses.
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