Nansen reported this week a mixed picture in on-chain activity, with Solana still dominant in total volume, but Base registering the highest relative growth among the main networks analyzed.
Solana again exceeded 400 million weekly transactions, a slight drop compared to the previous period but still far above the rest. The network maintains solid active-user figures and continues leading in performance. In contrast, BNB Chain showed a marked decrease in both transactions and fee revenue, reflecting lower dynamism in its DeFi and gaming segments.
Base, Coinbase’s Layer-2 network, reached approximately 102 million transactions after a near 20% weekly increase, moving up to third place in the ranking. The boost came from increased social-app usage, speculative memecoin activity, and higher stablecoin flows. Tron also continued its growth, surpassing 73 million transactions, driven by its dominant role in USDT transfers.
Fees showed divergent behavior: Polygon and Stellar increased revenues, while BNB Chain recorded a drop of over 30%.
Source: Nansen
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