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BNB Chain had over 10M active addresses in April; Ethereum had 4.9M

May 3, 2023
in Crypto Exchanges
Reading Time: 2 mins read
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BNB chain had 10.9 million lively addresses in April — the best, regardless of an 11% drop from March, information from on-chain analytics platform Nansen exhibits.

Solana (SOL) was a distant second with 5.1 million lively addresses final month — lower than half the variety of lively addresses on the BNB chain. Lively addresses on Solana fell by 12% in April in comparison with the earlier month, the information present.

Ethereum (ETH) had 4.9 million lively addresses in April — down 7.9% from March. Polygon (MATIC) and Arbitrum (ARB) each noticed the variety of lively addresses climb final month. Polygon had 4.2 million and Arbitrum had 2.4 million lively wallets final month — up 6% and seven.8% from March, respectively.

Nevertheless it was Avalanche (AVAX), Celo, and Optimism that recorded the most important growths in lively addresses final month, in accordance with Nansen information. Lively addresses on Avalanche and Celo grew by 87% and 46% respectively, whereas Optimism noticed a progress of 36% in comparison with March.

Diving deeper on-chain

On the BNB chain, three platforms noticed their variety of customers develop considerably final month. Customers on the Polyhedra Community — which supplies Internet 3.0 infrastructure — elevated phenomenally by over 4,000,000% in April.

In the meantime, blockchain interoperability supplier LayerZero Labs, and Stargate noticed their variety of customers leap by 471% and 375%, respectively.

On Solana, Nansen information exhibits new customers are flocking to the decentralized change Orca, way of life app STEPN — which pays customers to train — the automated market maker and liquidity supplier Raydium protocol, and liquidity aggregator Jupiter Alternate.

With the current success of Pepe meme cash, it’s unsurprising that the token’s customers elevated by over 213,000% in April, giving Ethereum a lift.

On Polygon, stablecoins Tether (USDT) and USD Coin (USDC) proceed to play an enormous position whereas Stargate and Galxe are pulling crowds.

Lastly, in Arbitrum, customers of the non-fungible token (NFT) market OpenSea grew by 619% final month. Decentralized change (DEX) Arbswap’s customers grew by 608% and DEX aggregator Odos protocol noticed its customers enhance by 516% over the past month, in accordance with Nansen information.

The submit BNB Chain had over 10M lively addresses in April; Ethereum had 4.9M appeared first on CryptoSlate.

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Tags: 10M4.9MActiveAddressesAprilBNBChainEthereum
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