It's the Wild West of Web3: Solana is running around like a teenager on energy drinks, Ethereum is politely explaining that it needs to think a little more, and BNB Chain is calmly taking out cash like it's another Tuesday at Changpeng Zhao's.
Solana: 28 million active addresses
Solana is like the TikTok of blockchains right now. Fast, cheap, fun, and full of trash. 28.18 million active addresses in a week. Let's be clear: in a week. What are they doing? Someone is releasing another memecoin, someone is flipping JPEG toads, someone is launching projects overnight. And all of this is almost free. Does this sound like anarchy? Maybe. But anarchy works.
Ethereum? It's not bad either. But with its 2.5 million active addresses, it looks more like an English gentleman at a tea party, thinking about new L2s. Although it must be admitted: +8.7% in a week, decent growth. Maybe even Vitalik came up with something again. Or maybe the Twitter ads just worked. Who knows?
BNB Chain: The Rich Also Cry. But They Have 3.93 Billion in DEX Volume
While Solana is having fun, BNB Chain is doing what crypto was invented for in the first place - making money. $3.93 billion on decentralized exchanges in a day. No one knows who these people are or why they are buying such strange tokens, but judging by the volumes, there is clearly a lot of activity there.
You say, “But it’s all Binance’s Centralized Decentralized Chain!” Well, yes. But who cares when PancakeSwap is burning candles and traders are staring hungrily at Everest-shaped charts?
Base, SUI and other new boys from the area
Coinbase's Base is no longer just "Layer 2" but a potential ring for the upcoming battles between America's legalized Web3 and the rest of the crypto anarchy. 1.16 billion on DEX in a day - and most of their users still think NFTs are a type of ice cream.
And SUI? Well, let's not be too cruel. 530 million sounds modest, but it's still more than the daily budget of some countries. And let's not forget: they have the word "sui" in their name - already a meme.
What's next?
If you're still sitting in fiat and think your banking app is the pinnacle of progress, I have bad news. You've been overtaken by a school kid with an iPhone and a Phantom wallet who yesterday deployed a Solana memecoin called "ElonFarts" and has already bought himself some sneakers.
Solana is the 90s, but on the blockchain. BNB is Wall Street 2.0. And Ethereum is like sitting in a Harvard library pondering what “social consensus” is.
So here's the question: where do you want to be? In the Solana crowd? On the BNB Chain financial tank? Or in an Ethereum university classroom?
As one great DeFi analyst said:
“Money never sleeps. It swaps, farms and bridges.”