User activity across major altcoin networks has witnessed notable shifts over the past month. The approval of Ethereum spot ETFs has invigorated the ETH ecosystem, generating anticipation for their eventual market launch despite the expected delay of a few months.
Amidst this dynamic landscape, let’s delve into the evolution of unique active users across altcoin networks over the past month and uncover the top-performing contenders.
BNB Chain, Polygon, and Ethereum: Unwavering Dominance
Onchain data reveals that BNB Chain, Polygon, and Ethereum continue to hold their top positions in terms of unique active users.
BNB Chain maintains its lead with a staggering 452 million unique active addresses, marking a 2% growth over the past month. Polygon follows closely with 431 million unique active addresses, showcasing a 3% increase during the same period.
Despite the Ethereum spot ETF approval, the network’s unique active user count has remained relatively stable at 271 million, exhibiting a modest 2% growth.
Sui and Blast: The Fastest-Growing User Bases
Sui and Blast stand out as the altcoins with the most significant percentage increases in unique active users. Sui boasts an impressive 45% growth, while Blast trails closely with a 40% surge.
Complete Ranking of Altcoin Networks by Unique Active Users:
- BNB Chain – 452 million
- Polygon – 431 million
- Ethereum – 271 million
- Tron – 233 million
- Fantom – 177 million
- Optimism – 144 million
- Base – 76 million
- Arbitrum – 29 million
- Avalanche – 20 million
- Ronin – 19 million