In the ever-evolving blockchain world, regular active addresses and transaction volume are the most important indicators of performance and adoption. TOP 7 ICO, a well-known crypto analysis platform, has shared a comparative analysis of the prominent blockchains in terms of the number of transactions reported by Artemis over the past seven days. The platform discussed this on its official social media account.
Top Blockchains by number of transactions in the last 7 days
Let’s compare the top blockchains based on the number of transactions recorded on the chain and average daily active addresses over the past seven days, according to @artemis__xyz, to evaluate their current adoption and performance. pic.twitter.com/8ceGMnQ04g
— TOP 7 ICO | #StandWithUkraine🇺🇦 (@top7ico) August 9, 2024
TOP 7 ICO compares the best blockchains based on transactions: Solana leads
According to the TOP 7 ICO, Solana leads the market with the highest transaction numbers. 245 million transactions have been made in the last seven days. Meanwhile, the average regular active address reached 1.68 million, while its fully diluted market capitalization was $90.4 billion. Tron occupied the 2i.e spot with 49.5 million transactions, with regular active addresses reaching 2.2 million.
The fully diluted market cap in these seven days was $11 billion. After that, the Near Protocol saw 42.6 million transactions, 2.85 million regular active addresses, and $4.72 billion in fully diluted market cap. BNB Chain took the 4e position with a maximum of 26.7 million transfers. Regular active addresses reached 839K this past week with a fully diluted market cap of almost $73.49.
The Analytics platform makes the comparison to assess the performance and adoption of the Blockchains
Sei’s transactions in these seven days amounted to 24.7 million, with regular active addresses reaching 18.2 million. Furthermore, it recorded $2.85 billion in terms of its fully diluted market capitalization. SUI witnessed 23.4 million transactions, along with a fully diluted market cap of almost $8.55 billion. The number of regular active addresses was 437,000.
The next platform on this list includes Polygon with 23.1 million transactions and 785,000 regular active addresses. The fully diluted market capitalization was $4.19 billion. Injective came 2i.e last on the list with 22.6 million transfers and $1.72 billion in fully diluted market capitalization. Arbitrum was placed last with 15.5 million transactions, not counting 388,000 regular active addresses and $5.41 billion in fully diluted market capitalization.