Blockchain Activity Insights: A Look at Active Address Trends

The dynamic world of blockchain continues to evolve, with various networks experiencing shifts in user activity. Active addresses, representing distinct wallets interacting with a chain, serve as a crucial metric for gauging network adoption and usage. Here’s a detailed analysis of recent activity patterns across notable blockchain networks.

Top Performers in Daily Active Addresses

1. Base: Leading the pack with over 1.09 million active addresses yesterday, Base recorded a slight 8.7% decrease over 24 hours but maintains an impressive 2,110% growth over the year - #base链

2. Arbitrum One: With 396.14k active users, Arbitrum showed stability with a modest year-on-year increase of 97%, though short-term trends saw a 4.9% drop - #arbitrum

3. Taiko: Notable for its consistent growth, Taiko engaged 196.98k users yesterday, experiencing a 14% daily increase and a 31% rise over the past 30 days - #Taiko

High Growth Chains Over the Year

- World Chain: With a modest 25.8k active addresses, this chain boasts an extraordinary 2,417% annual growth, showcasing its rising relevance in the blockchain ecosystem - $WLD

- Metis: Similarly, Metis achieved an astonishing 2,018% growth year-on-year, with a current user base of 25.86k, reflecting increasing traction and ecosystem expansion

- Mantle: While experiencing a slight daily dip of 11.6%, Mantle’s annual growth of 618% underscores its rapid adoption trajectory.

Short-Term Winners

- Polygon zkEVM: Displaying an impressive 234% daily increase and a 108% rise over 30 days, this chain saw its active addresses reach 6.51k, signaling strong recent activity - $POL

- Manta Pacific: Engaging 93.48k users yesterday, Manta Pacific surged by 37% in 24 hours, though its longer-term metrics reveal a 40.7% decline over the past 30 days.

Chains Facing Challenges

While several chains experienced growth, others struggled to maintain momentum:

- Starknet: Despite a respectable daily active user count of 8.06k, Starknet witnessed a 94.1% decline over the year, reflecting a significant reduction in activity - $STRK

- Immutable X: Engaging 2.93k users yesterday, this chain saw a 24.6% annual decline, highlighting waning interest or utility.

- rhino.fi: This chain experienced one of the sharpest declines, with a 92.9% reduction in activity year-on-year.

Emerging Trends

1. Divergence Between Short and Long-Term Growth: Chains like Polygon zkEVM and Zora exhibit robust short-term activity increases, while others like Base and Metis demonstrate sustained long-term growth.

2. Significant Annual Growth Among Newer Networks: Chains such as World Chain and Metis are capitalizing on unique use cases, attracting fresh user bases.

3. Volatility in Established Chains: Immutable X and #Starknet , despite their early promise, face challenges in retaining active users.