In the ever-evolving blockchain world, regular active addresses and transaction volume are the chief indicators concerning performance and adoption. TOP 7 ICO, a well-known crypto analytics platform, has shared a comparative analysis of the prominent blockchains over the past seven days in terms of the number of transactions reported by Artemis. The platform discussed this on its official social media account.
Top Blockchains by Number of Transactions in last 7 days
Let’s compare the top blockchains by number of transactions registered on-chain and average daily active addresses in last 7 days, according to @artemis__xyz, in order to evaluate their current adoption and performance. pic.twitter.com/8ceGMnQ04g
— TOP 7 ICO | #StandWithUkraine🇺🇦 (@top7ico) August 9, 2024
TOP 7 ICO Compares Top Blockchains Based on Transactions: Solana Leads
According to the TOP 7 ICO, Solana leads the market with the highest transaction numbers. It has seen 245M transactions in the recent 7 days. In the meantime, its average regular active addresses reached 1.68M while the fully diluted market capitalization thereof touched $90.4 billion. Tron occupied the 2nd spot with 49.5M transactions with its regular active addresses touching 2.2M.
Its fully diluted market capitalization witnessed $11B in these seven days. Following that, the Near protocol saw 42.6M transactions, 2.85M regular active addresses, and $4.72B in fully diluted market capitalization. BNB Chain took the 4th position with up to 26.7M transfers. Its regular active addresses reached 839K with a fully diluted market capitalization of nearly $73.49 in the recent week.
The Analytics Platform Makes the Comparison to Assess the Performance and Adoption of the Blockchains
Sei’s transactions touched 24.7M in these seven days with regular active addresses reaching 18.2K. Additionally, it recorded $2.85B in terms of its fully diluted market capitalization. SUI witnessed 23.4M transactions along with a fully diluted market capitalization of nearly $8.55B worth. Its regular active addresses reached 437K in number.
The subsequent platform in this list includes Polygon with 23.1M transactions and 785K regular active addresses. Its fully diluted market capitalization recorded $4.19B. Injective came 2nd last in the list with 22.6M transfers and $1.72B in fully diluted market capitalization. Arbitrum was placed in the last position with 15.5M transactions apart from 388K regular active addresses and $5.41B in fully diluted market capitalization.