Altcoins

Most Active Altcoin Networks in 2024 Announced – Ethereum Missing, Bitcoin Ranks Eighth

As the year 2024 comes to an end, the “bests” of the past year are being announced one by one.

As is known, the cryptocurrency market grew incredibly under the leadership of Bitcoin in 2024, and the BTC price exceeded $ 100,000, leaving behind the psychological barrier that was once considered insurmountable.

However, some altcoins broke records in terms of the number of daily active addresses on their blockchain networks in 2024. The list contains some surprising rankings in terms of size. It is particularly noteworthy that the Ethereum network did not make it into the top 10 on the list, and instead, many layer 2 protocols were on the list.

Here are the blockchain networks with the highest number of daily active addresses and their average user numbers in 2024:

  1. Near (NEAR) – 2.7 million
  2. Solana (SOL) – 2.6 million
  3. Tron (TRX) – 1.9 million
  4. BNB Chain (BNB) – 1 million
  5. Polygon (POL) – 855 thousand
  6. Base – 655 thousand
  7. Sui (SUI) – 519 thousand
  8. Bitcoin (BTC) – 496 thousand
  9. The Open Network (TON) 414 thousand
  10. Arbitrum (ARB) – 413 thousand

The reason why the layer 2 protocols on the list are so popular is that they are much faster and lower cost than the layer 1 protocol Ethereum. On the other hand, it is noteworthy that Bitcoin, which does not have many DeFi features, is also at the bottom of the list.

*This is not investment advice.

Source

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