TL;DR:
- Solana remains 2025’s most followed blockchain, holding 26.79% of global narrative mindshare but down from 38.79% as its comeback story loses urgency.
- Base holds 13.94% of mindshare after the Base app rebrand and USDC partnerships, while Ethereum grows to 13.43% and reinforces its core settlement role.
- Sui, BNB Chain, XRP Ledger, Bittensor and Hyperliquid all gain ground in 2025, yet the top 20 blockchains still capture 95.60% of narrative interest.
Solana has cemented itself at the center of the 2025 blockchain conversation, commanding 26.79% of global narrative mindshare even as investor attention steadily fragments across rival ecosystems. Fresh data compiled from non-bot website traffic between January 1, 2024 and December 14, 2025 shows that discourse around crypto remains heavily concentrated in a handful of high-profile networks, yet the apparent dominance of a single chain now masks an increasingly competitive landscape for user focus and developer mindshare.
Most Popular Blockchain Ecosystems in 2025 By Mindshare
1. Solana – 26.79%
2. Base – 13.94%
3. Ethereum – 13.43%
4. Sui – 11.77%
5. BNB Chain – 9.05%
6. XRP Ledger – 4.68%
7. Sonic – 2.29%
8. Cardano – 1.92%
9. Bittensor – 1.91%
10. Hyperliquid – 1.57%
11. TON – 1.23%
12.…— CoinGecko (@coingecko) December 15, 2025
Solana leads as challengers close the gap
According to the report, Solana remained the world’s most followed blockchain ecosystem in 2025 but saw mindshare fall sharply from 38.79% to 26.79% year over year. Analysts note that its narrative momentum has cooled as price action stayed trapped in a relatively tight range and meme-fueled activity struggled to deliver fresh catalysts, despite rising institutional participation and the launch of US-based exchange-traded funds tied to the ecosystem.
Base has quietly solidified itself as Solana’s closest competitor, capturing 13.94% of narrative mindshare in 2025 after a modest decline from 16.81% while Ethereum followed closely at 13.43% with a 2.7 percentage point gain. The rebranding of Coinbase Wallet into the Base app and deeper USDC payments partnerships helped keep Base on investors’ radar, while Ethereum, though facing price-related caution, continued to function as a core settlement layer and narrowed its gap with the second-ranked ecosystem.
Further down the leaderboard, players are reshaping expectations, with Sui’s mindshare climbing to 11.77% after a 6.9 percentage point jump and BNB Chain rising to 9.05% thanks to higher onchain volumes and the Binance Alpha initiative. XRP Ledger secured the sixth spot at 4.68% mindshare, while AI-focused Bittensor advanced to ninth at 1.91% and derivatives venue Hyperliquid surged from 0.01% to 1.57%, signalling how AI themes and decentralized perpetuals have become influential components of the broader blockchain story.
Despite rotation among individual ecosystems, concentration remains pronounced, with the top 20 blockchains accounting for 95.60% of narrative interest tracked during the period. Solana’s fall out of the top five crypto narratives, displaced by AI agents and Made in USA themes, underlines how quickly momentum can shift when new storylines emerge, and raises questions about whether 2026 will bring renewed catalysts for established chains or further fragmentation as new platforms and sectors fight for mindshare.
