Altcoin Active Users: BNB Chain Leads, Solana & Polygon Rise

Published: 2025-11-16 07:07:50 |

This week’s report on altcoin active users ranks major L1 blockchains by unique weekly active users via a 7-day rolling window and HyperLogLog algorithms. BNB Chain leads with 17.4 million weekly active users (–13.5% WoW), followed by NEAR Protocol at 15.7 million (–3.2%) and Solana at 12.8 million (+25.0%). Polygon rebounded strongly, surging 64.6% to 3.8 million users. Growth leaders include PancakeSwap (+48.2%), Aptos (+11.5%) and Jito (+1.3%), while opBNB users dipped nearly 20% to 7.2 million. Other networks: Tron logged 6.7 million users (+0.8%), Sei Network saw 3.4 million (–17.4%), Base fell to 2.9 million (–6.0%), Bitcoin held 2.8 million (+0.4%) and Ethereum recorded 2.5 million (–0.2%). These weekly active users metrics highlight shifting network adoption, underscored by the surging demand on Solana and Polygon amid mixed performance elsewhere.

Bearish

While Solana and Polygon show robust gains, the overall decline in weekly active users on BNB Chain (–13.5%) and several other major networks suggests waning user engagement on the leading platform. This user contraction may pressure BNB’s short-term price, outweighing pockets of growth across altcoin ecosystems. Traders should watch for continued user drop-offs on BNB Chain as a bearish signal, even as Solana’s and Polygon’s surges offer selective buying opportunities.