Which Cryptocurrencies Have the Highest Number of Daily Active Addresses?

Which Cryptocurrencies Have the Highest Number of Daily Active Addresses?

IntoTheBlock, a market intelligence platform, has analyzed the number of daily active addresses for prominent cryptocurrencies. This metric gauges user activity intensity on their networks.

Solana Leads the Pack

Solana (SOL) tops the list with $3.04 million daily active addresses. Its network has garnered attention this year, notably due to the meme coin trend, attracting new users. New protocols like Pump.Fun have elevated meme coin trading on Solana. Liquid staking in SOL has also drawn investors.

Toncoin and Tron Surge

Toncoin (TON) ranks second with 2.89 million daily active addresses. Its growth aligns with Telegram's rising popularity for mini-apps and games. Tron (TRX) follows with 2.5 million addresses, attributed to increased stablecoin activity, network growth, and its meme coin-generating platform, SunPump.

Dogs, Bitcoin, and Ethereum

DOGS, a Telegram-based meme coin launched as an airdrop, has a daily active address count of 809,810. Bitcoin (BTC) holds fifth place with 779,650 addresses, reflecting its dominance and recent developments like the BRC-20 token standard and Bitcoin ETFs. Ether (ETH) has approximately 417,000 daily active addresses, indicating Ethereum's ongoing utility amidst its deflationary shift.

Other Notable Cryptocurrencies

Litecoin (LTC), Algorand (ALGO), Dogecoin (DOGE), and Avalanche (AVAX) round out the top ten list with 316,640, 79,850, 44,190, and 43,760 daily active addresses, respectively.