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NBTC News
Altcoins

Huge Increase in Users on Two Networks

NBTCBy NBTC09/07/2024No Comments2 Mins Read

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There have been significant changes in the balances in the cryptocurrency market in the last month. With the approval of Ethereum spot ETFs, there has been particular activity in the ETH ecosystem.

However, even though the ETFs in question are approved, it is thought that it will take a few months for them to hit the market.

So, what has changed in the number of unique users of altcoin networks in the last month? Which altcoin networks are at the top? Here are the answers.

According to the data, BNB Chain, Polygon and Ethereum continue to be at the top, respectively.

BNB Chain ranks first with 452 million total unique addresses and has experienced 2% growth in the last month. However, on the Polygon side, there are a total of 431 million unique addresses and this number has increased by 3% in the last month.

Ethereum, which ranks third, has 271 million users and despite the spot ETF approval, it is observed that there is no extraordinary growth and the growth rate remains at 2%.

The altcoins with the highest growth rate in terms of number of users were Sui with 45% and Blast with 40%. The ranking of the total number of users was recorded as follows:

  1. BNB Chain – 452 million
  2. Polygon – 431 million
  3. Ethereum – 271 million
  4. Tron – 233 million
  5. Phantom – 177 million
  6. Optimism – 144 million
  7. Base – 76 million
  8. Arbitrum – 29 million
  9. Avalanche– 20 million
  10. Ronin – 19 million

*This is not investment advice.

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NBTC

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