1. NEAR Protocol
NEAR Protocol emerged as the leader with 2.7 million daily active addresses, a 766% year-over-year growth. NEAR’s focus on scalability and user-friendly tools was critical. An innovative sharding technology called Nightshade divides the blockchain into smaller parts, ensuring high transaction throughput at low cost. This scalability has caught the attention of developers. decentralized application (dApp), Increase user engagement, especially in games and social networks.
2. Solana
Solana There were 2.6 million daily active addresses, a 702% increase over the previous year. Much of the growth has come from the network’s very active memecoin ecosystem, particularly places like Pump.fun, which have made it popular with both retail and institutional investors. Its high-speed, low-cost infrastructure has made it an attractive destination for both DeFi and NFT projects, meaning it is one of the best-performing blockchains.
3. Tron
TRON ranks third with 1.9 million daily active addresses and steady 20.3% year-on-year growth. The dominance of the network in stablecoin transactions, especially Tether (USDT), It has contributed significantly to our user base. TRON’s low transaction fees and high-speed transfers have made it a preferred platform for users seeking smooth and cost-effective operations, especially in DeFi.
The rest of the top 10 are:
|
class |
blockchain |
Daily active addresses |
Increase rate compared to previous year (%) |
Key drivers and insights |
|
4 |
BNB Chain |
1 million |
-4.8% |
DeFi and token trading are still going strong. |
|
5 |
Polygon (MATIC) |
855,000 |
+139% |
Ethereum Layer 2 expansion solution |
|
6 |
Base (Coinbase) |
655,000 |
+2,098% |
Integration with Ethereum and Coinbase |
|
7 |
sui |
519,000 |
+908% |
Innovative programming languages and dApps |
|
8 |
Bitcoin (BTC) |
496,000 |
-19% |
Market power but activity is declining |
|
9 |
TON (Telegram) |
414,000 |
+5,185% |
Integration with Telegram improves adoption |
|
10 |
decision |
413,000 |
+180% |
Ethereum Layer 2 expansion solution |
Daily Active Addresses vs. Total Value Locked (TVL)
Daily active addresses reflect user engagement, while TVL highlights the financial depth of the blockchain. DeFi World. As of December 30, 2024, Ethereum accounted for 56.22% of total TVL, driven by its well-established DeFi ecosystem and strong developer community. However, Ethereum ranked low in daily active addresses, highlighting the differences between TVL and user activity.
Solana and Tron, which have high daily active address rankings, recorded low TVL rankings of 6.94% and 6.07%, respectively, showing their strengths in user participation rather than high-value financial operations.
In summary, TVL reflects the capital committed to DeFi applications, while daily active addresses highlight user activity and engagement. These metrics provide a more complete understanding of the adoption and usability of blockchain networks and demonstrate that no single measure can capture the full picture of blockchain performance.