Over the past year, BNB chains have registered more monthly active destinations than their prominent rivals, such as Bitcoin and Ethereum. The BNB chain has witnessed 27.7 million monthly active addresses compared to 10.9 million on Bitcoin and 6.6 million on Ethereum.
@@bnbchain has seen 27.7 million active addresses each month over the past year.
It currently holds a 17.7% share of total activity on the L1 blockchain, ranking second among all layer 1. pic.twitter.com/a58j7ol6uc
– Satoshi Club (@esatoshiclub) April 10, 2025
BNB chain experiences growth
According to data reported by Satoshi Club today, the BNB chain has experienced 27.7 million active addresses in the past 12 months. This has a 17.7% share of total activity on Layer 1 blockchain, ranking second among all Layer 1 blockchains.
Solana took the lead last year as addresses of 608.9 million people were spot on and recorded the most active monthly addresses.
Tron came in third, delivering incredible performance on user-on-chain activity with 14.1 million active addresses registered during this period. Next is APTOS, where you can see 13.8 million active users each month, with monthly active users ranked fourth among all L1 networks.
Bitcoin (BTC) has secured its fifth position. It has experienced 10 million active users per month, reflecting the increase in recruitment since 2024. Ethereum recorded 6.6 million active addresses.
Blockchain ecosystem trends
This metric is essential as it highlights emerging trends within the blockchain ecosystem. This data made it easy to identify which blockchain networks were popular and which blockchain networks had reduced user activity. Over the past 12 months, there has been a visible increase in monthly active addresses for Solana and BNB, suggesting new interest in the two networks.
However, this chart shows another outlook for Ethereum. The decline in Ethereum’s active addresses is consistent with bear market behavior within the platform. Ether’s recent persistent downtrends are associated with a slump in the number of active addresses.
Chains such as SOL, BNB, TRX, APT, POL have experienced an impressive surge in active addresses. This indicates a shift as Crypto users are increasingly adopting alternative L1 networks and Ethereum scaling solutions.
In short, this data for active addresses disclosed multiple findings. While Solana and BNB continue to maintain a robust presence with continued interest and growth potential, Ethereum has witnessed a sustained decline in monthly active addresses.
Alternative L1 networks and layer-2 solutions such as Solana, BNB, Tron, Aptos, and Polygon have gained traction, suggesting a shift in interest away from Ethereum. Finally, Ton, nearby protocols, and the presence of Ronin indicate an increased adoption and user engagement.
