Over the past week, the total number of blockchain transactions across public blockchains and layer two networks reached a record high.

This impressive figure reaches 342 million transactions in just seven days, marking the highest weekly total ever recorded.

#سولانا and #BNBChain lead the way

According to data from Dune Analytics, Solana and $BNB

BNB Chain transactions over the past week.

Transactions on blockchains.

Solana ($SOL ) particularly leads in terms of transaction volume (59.46%). This can be partially explained by the explosive growth of meme tokens launched through various launchpad projects on the platform.

The top launchpads for meme coins, Lets, Bonk, and Pump.fun, are located on Solana. Despite their highly speculative nature, meme tokens have attracted a significant influx of new users, driving transaction volumes to unprecedented levels.

Transactions on blockchains.

Although it accounts for only 18.76% of total transactions, BNB Chain maintains its position as the network with the largest number of decentralized applications (Dapps). With a wide array of decentralized applications spanning sectors like DeFi, GameFi, and NFTs, BNB Chain plays a vital role in retaining users and maintaining liquidity across its ecosystem.

This may be a result of the BNB Chain Maxwell Hard Fork update that halved block processing time to 0.75 seconds. The hard fork increases speed and concurrency without compromising network quality or decentralization.

Decentralized applications on blockchains.

In addition to transaction volume, Solana, BNB Chain, and Tron are also among the top 10 blockchains in terms of daily active users. Furthermore, Tron recently surpassed Ethereum in USDT volume, driven by whale trading and over a million daily fragmentation transactions.

This highlights ongoing engagement from real user communities, a key factor in assessing the credibility of the blockchain ecosystem.

Number of active users on blockchains.

This strong rebound in network activity may be an early indicator of a new growth cycle for the cryptocurrency market. However, it is important to note that part of the transaction volume may stem from speculative activities, which are often volatile.

However, the blockchain transactions totaling 342 million indicate promising evolution and increasing user engagement in the blockchain ecosystem. #BinanceHODLerERA #AltcoinSeasonLoading #BTCWhaleTracker