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The Most Used Altcoin Networks in the Last Week Have Been Revealed! Ethereum is in Sixth Place! Here is the Surprise List
The latest data shared by the Crypto analysis platform Nansen revealed user activity on public blockchains.
According to the number of active addresses over the past 7 days, Solana is leading by a wide margin with more than 24 million addresses. It is followed by Tron, Base, BNB Chain, and Aptos.
Here are the blockchains with the most active addresses and numbers in the last 7 days:
It is noteworthy that Ethereum, the largest altcoin in the world, does not have the network with the most active addresses. The reason for this is said to be the slow and expensive nature of the ETH network. On the other hand, layer-2 networks, which can be explained as performing transactions on an external network and finalizing them on the Ethereum network, continue to maintain their popularity. Among these networks are Base, Arbitrum, and Optimism.
The reason for the popularity of Tron, which is in second place, is seen as a large portion of the transactions of the world's largest stablecoin, USDT, taking place on the Tron network.