The Altcoins with the Highest Number of Users are Revealed: Massive Surge in User Base on Two Networks
There have been significant shifts in the cryptocurrency market over the past month, particularly in the Ethereum ecosystem following the approval of Ethereum spot ETFs.
Although the approved ETFs are expected to take a few months to hit the market, there has been notable activity in the ETH ecosystem. The question remains: how have the number of unique users on altcoin networks changed in the last month? Which altcoin networks are leading the pack? Let’s find out.
Based on the data, BNB Chain, Polygon, and Ethereum continue to dominate the Altcoin market in terms of user base. BNB Chain boasts a staggering 452 million total unique addresses, experiencing a 2% growth in the past month. On the other hand, Polygon records a total of 431 million unique addresses, with a 3% increase in the same period.
Ethereum, ranking third, boasts 271 million users. Despite the spot ETF approval, Ethereum has witnessed no significant surge in growth, maintaining a steady 2% growth rate.
When considering growth rate in terms of user base, Sui takes the lead with a staggering 45% growth, closely followed by Blast at 40%. The ranking of total number of users is as follows:
1. BNB Chain – 452 million
2. Polygon – 431 million
3. Ethereum – 271 million
4. Tron – 233 million
5. Phantom – 177 million
6. Optimism – 144 million
7. Base – 76 million
8. Arbitrum – 29 million
9. Avalanche – 20 million
10. Ronin – 19 million
Please note that this information is provided for informational purposes only and should not be considered as investment advice.