Top 10 Most Active Altcoin Networks in 2024: Ethereum Disappears, Bitcoin Surprises.
As 2024 comes to a close, the list of blockchain networks with the highest number of daily active users over the past year has been released, bringing with it a few surprises.
Bitcoin Surpasses $100,000, Ethereum Out of the Game
In 2024, the cryptocurrency market witnessed an incredible boom when Bitcoin (BTC) broke the $100,000 mark, marking a major turning point in the crypto community.
However, while Bitcoin grabbed the spotlight with its meteoric growth, many altcoin networks hit records in terms of daily active addresses.
Surprisingly, Ethereum did not make the top 10, but instead, many layer 2 protocols took the top spots.
Top 10 Most Active Blockchains 2024
1.Near ($NEAR ) – 2.7M Active Addresses/Day
2.Solana ($SOL) – 2.6M
3.Tron ($TRX) – 1.9M
4.BNB Chain ($BNB) – 1M
5.Polygon ($POL ) – 855K
6.Base – 655K
7.Sui ($SUI) – 519K
8.Bitcoin ($BTC) – 496K
9.The Open Network ($TON) – 414K
10.Arbitrum ($ARB ) – 413K
Layer 2 Rises, Bitcoin Surprises
The success of layer 2 protocols is explained by their faster speeds and lower fees compared to layer 1 protocols like Ethereum.
Meanwhile, despite not possessing many DeFi features, Bitcoin still maintains the 8th position, showing significant influence from the user community.
Shifting Trends In The Market
This ranking reflects an increasingly clear trend in the cryptocurrency market: users are moving from traditional platforms like Ethereum to new solutions with higher performance.