Over the past year, the BNB Chain has seen remarkable growth in monthly active addresses, outpacing prominent rivals like Bitcoin and Ethereum. With 27.7 million active addresses, BNB Chain now holds a 17.7% share of total Layer-1 blockchain activity, securing the second position among all Layer-1 blockchains.
@BNBCHAIN saw 27.7M monthly active addresses over the past year.
It now holds a 17.7% share of total L1 blockchain activity, ranking 2nd among all Layer 1s. pic.twitter.com/A58j7oL6uc
— Satoshi Club (@esatoshiclub) April 10, 2025
BNB Chain experiences growth
According to data released by Satoshi Club, BNB Chain has witnessed a significant increase in monthly active addresses over the last 12 months. This surge in user activity has solidified its position as a major player in the blockchain ecosystem, showcasing a robust user base and growing interest in the network.
Solana leads the pack with the highest number of active monthly addresses, recording 68.9 million addresses in the past year. TRON follows closely behind with 14.1 million active addresses, showcasing impressive user engagement. Aptos and Bitcoin secure the fourth and fifth positions, respectively, while Ethereum lags behind with 6.6 million active addresses.
Trends in the blockchain ecosystem
The data on active addresses provides valuable insights into emerging trends within the blockchain ecosystem. The surge in active addresses for networks like Solana and BNB indicates a renewed interest and growing adoption of these platforms. On the other hand, Ethereum’s decline in active addresses reflects a challenging period for the platform.
Alternative Layer-1 networks and Layer-2 solutions like Solana, BNB, TRON, Aptos, and Polygon are gaining traction, signaling a shift in user interest away from traditional platforms like Ethereum. The rise of networks like TON, NEAR Protocol, and Ronin further demonstrates the evolving landscape of the blockchain ecosystem.
In summary, the data on active addresses highlights the dynamic nature of the blockchain industry, with certain networks experiencing growth and others facing challenges. As users explore alternative platforms and scaling solutions, the competition among blockchain networks intensifies, driving innovation and development in the space.