10 blockchains with the highest wallet address growth in the past year.

Are you curious to know which blockchains are experiencing the most explosive growth this year? Click Digital takes a look at the top 10 blockchains with the most impressive YoY growth in daily active addresses.

Daily Active Addresses (DAAs) are one of the key metrics that reflect the popularity and activity level of a blockchain. Although this number can be manipulated by certain factors, it remains a valuable measure for assessing the attractiveness and growth potential of each platform.

Here are the top 10 blockchains with the most impressive daily active address growth as of September 19, 2024:

The growth numbers for TON, NEAR, and Injective are truly impressive, aren’t they? What makes these blockchains so appealing?

TON, with its impressive YoY growth rate of +2,967%, may be due to the network’s stable operation after its relaunch in 2023. NEAR also demonstrates its significant potential with a growth of +2,059%. Injective is not far behind with a +1,556% growth rate, thanks to the development of its DeFi ecosystem.

It’s clear that blockchains focusing on DeFi, scalability, and ecosystem development often attract more users, leading to significant growth in daily active addresses.

Beyond the top 3, other blockchains like Celo, Solana, Arbitrum, and Axelar also show considerable growth. This trend indicates a shift towards efficient, fast, and low-cost blockchains, which are increasingly favored by users.

The explosive growth of these top 10 blockchains reveals a clear trend: users are seeking platforms that are efficient, scalable, and cost-effective. Blockchains focused on DeFi, scalability, and ecosystem development seem to be attracting more attention than ever before. Monitoring the growth of daily active addresses is a helpful tool for assessing the potential and appeal of a blockchain, assisting investors in making informed decisions for their portfolios. This information highlights the rapid growth and diversity of the blockchain market, presenting numerous new opportunities for both investors and users.

According to Click Digital, tracking the development of blockchains and monitoring key metrics like daily active addresses can help investors make informed decisions.

Vietnam Pham

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