Solana and Algorand Lead Blockchain Growth, Surpassing 34M and 1M Weekly Active Addresses, Signaling Shifting User Adoption
Recent blockchain analytics from Nansen highlight significant growth across several key networks. Solana currently leads with 34.69 million weekly active addresses, outpacing Ethereum’s 11.35 million and Tron’s 8.279 million. BNB Chain and Avalanche also show strong engagement with 6.162 million and 4.093 million active addresses, respectively. Earlier findings positioned Algorand as the fastest growing blockchain by percentage, with a 72% surge in weekly active addresses, surpassing 1.2 million in June 2025, driven by its scalable infrastructure and expanding decentralized application ecosystem. Avalanche, Berachain, HyperliquidX, and Sei Network also reported substantial user growth, with Sei recording the largest absolute increase at 2.3 million active addresses. This widespread uptick in user activity reflects heightened adoption and engagement across both established and emerging blockchains. For crypto traders and developers, tracking these active user metrics is crucial for identifying trends, shifts in market dynamics, and potential investment opportunities in the evolving blockchain space.
Bullish
The substantial increase in weekly active addresses across networks like Solana, Algorand, Avalanche, and others indicates robust user engagement and growing adoption. Historically, such spikes in on-chain activity are linked to heightened interest from both traders and developers, which often precedes price appreciation, network fee growth, and increased liquidity. Solana’s position as the leading blockchain by user activity, combined with Algorand’s rapid growth rate, signals strong positive sentiment and an expanding user base. These trends are typically bullish for the market since they reflect real, organic participation and may attract new capital and projects to these platforms. In the short term, expect increased trading volumes and speculative activity. Long-term, ongoing user growth can enhance network value and sustainability, supporting further price gains and ecosystem development.