Blockchain Daily Active Growth is a vital metric for measuring user engagement and the success of decentralized finance (DeFi) ecosystems. This refers to the number of blockchain addresses transmitting or receiving assets daily. It shows how many people are currently utilizing a blockchain so that you can gauge its popularity in real life.
CryptoRank published a list of the top 10 blockchains based on their daily active addresses on December 27, 2024. CryptoRank and Artemis compiled the list. This demonstrates some intriguing trends in blockchain technology adoption and the sites that were most effective at attracting people to utilize them. Let’s examine the top three blockchains in this metric. Next, we’ll briefly review the other nine top-10 networks.
NEAR Protocol’s Rapid Growth
In 2024, NEAR Protocol dominated with 2.7 million daily active addresses. Scalability and developer-friendly tools drove its 766% year-over-year growth. NEAR uses Nightshade, a novel sharding method that divides the blockchain into smaller, more manageable chunks for high transaction throughput at low cost. DApp developers like NEAR because it’s efficient. Blockchain-based gaming and social dApps helped NEAR succeed.
Solana’s Speed and Efficiency
Solana was second with 2.6 million daily active addresses and a 702% year-over-year increase. The memecoin ecosystem witnessed huge trade activity on Pump. Fun drove the network’s prominence in 2024. Retail and institutional investors bought these meme coins, increasing Solana’s use. Solana’s high-speed, low-cost infrastructure makes it a popular blockchain for DeFi and NFT applications and meme coins. Developers and consumers flocked to Solana for its efficiency, while institutional interest developed since it scaled and was reliable. Solana became a top blockchain of the year because of these qualities.
TRON’s DeFi Growth
TRON ranked third with 1.9 million daily active addresses, up 20.3% from last year. TRON’s dominance in stablecoin transactions, particularly those involving Tether (USDT), has driven user growth. Users seeking smooth, affordable stablecoin operations choose TRON for its cheap transaction fees and rapid transfers. Blockchain partnerships with global payment networks and financial institutions strengthen decentralized finance (DeFi). Despite its slower growth than NEAR or Solana, its resilience has placed it among 2024’s top blockchains.
Polygon’s Layer 2 Growth
The other blockchains on the list had many strengths and weaknesses besides the top three. BNB Chain had 1 million daily active addresses, 4.8% less than the previous year. Even though the price dropped, BNB Chain is still an important part of the blockchain environment because it is where DeFi and tokens can be traded. Polygon (MATIC) saw 855,000 daily active addresses, a strong 139% growth year over year. Polygon is important to Ethereum’s environment because it helps with Layer 2 scaling.
It continues to draw games, NFTs, and DeFi projects. Base, Coinbase’s Layer 2 answer, reached 655,000 daily active addresses, a growth rate of 2,098% year over year. Its close connection to Ethereum and Coinbase’s easy-to-use platform has made it much more popular. With 519,000 daily active addresses and an amazing 908% rise year over year, Sui stood out as a top performer.
This rise can be attributed to introducing a new computer language and the rapid development of a decentralized drawing community. The most famous blockchain in the world, Bitcoin (BTC), saw 496,000 daily active addresses, 19% less than last year. Bitcoin is still the most valuable product on the market, but the fact that fewer addresses are being used daily shows that users’ goals are changing. The Open Network (TON), the blockchain that runs Telegram, grew very quickly in 2024. The number of daily active addresses rose by 5,185%, reaching 414,000.
The merging of TON with Telegram, which used the chat app’s huge user base to boost usage, helped this growth. Finally, Arbitrum, a top Ethereum Layer 2 solution, reached 413,000 daily active addresses, an 18% rise from the previous year. Arbitrum is an important part of the Ethereum environment because it can grow Ethereum apps while keeping fees low and traffic high.
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Ethereum’s Dominance in TVL
Decentralized blockchain DeFi assesses user capital loans, liquidity, and ownership. Blockchain Daily Active Growth user activity affects Bitcoin Annual Return, whereas TVL measures DeFi ecosystem financial maturity. DeFiLlama leads Ethereum TVL with 56.22%. Ethereum is DeFi’s top decentralized app. Protocol-locked money may replace TV. AM TVL Daily Solana poverty? Solana backed Ethereum 6.94% and TRON 6.07%/TVL, unlike TVL. Active daily addresses demonstrate chain flexibility. Ether increases value and liquidity—unmeasurable blockchain use and function.
