November 4, 2024
Charts
Solana Gains Ground in Active Address Market Share

The competitive decentralized finance and application landscape has lead to different blockchains leading based on user activity. Active addresses, or addresses which have changed in value from the previous timeframe, can be used to gauge user activity. In recent months, Solana (SOL) has strongly eclipsed both Ethereum (ETH) and Binance Chain (BNB) to active address market share, even when accounting for Layer 2 (L2) chains.
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