What networks lead in terms of transactions

Last week, the number of transactions in public blockchains and second -level networks reached a record. In just seven days, 342 million transactions were made – this is the highest weekly indicator in history.

We figure out what is behind the growth of networks and what to wait for.

Solana, BNB Chain and Tron lead

According to Dune Analytics, Solana, BNB Chain and Tron became leaders in terms of transaction in the week.

The SOLANA network (SOL) accounted for 59.46% of the total number of transactions. This is due to the growth of Memkions launched through various launaPad projects on the platform.

Two leading launches for memcoirs – letsBonk and PUMP.FUN – work on SOLANA. Despite their speculative nature, meme tokens attracted many new users, which caused a sharp increase in transactions.

Although the BNB Chain processes only 18.76% of all transactions, it remains a leader in the number of decentralized applications. Due to the variety of Dapps in the fields of Defi, Gamefi and NFT, BNB Chain actively attracts users and supports liquidity in their ecosystem.

This may be due to BNB Chain Maxwell Hard Fork, which reduced the unit processing time to 0.75 seconds. Harder accelerates the work and improves synchronization without sacrificing the quality of the network or decentralization.

In addition to the volume of transactions, SOLANA, BNB Chain and Tron are included in the top 10 blockchains in the number of active users per day. Moreover, Tron recently overtook Ethereum in terms of USDT, thanks to large transactions and more than 1 million retail transactions per day.

A significant increase in activity on the network may indicate the beginning of a new cycle for crypto. However, it is worth remembering that some transactions may be associated with speculative and volatile actions.

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