New knowledge from Nansen listed the highest EVM-compatible chains that witnessed the best on-chain exercise over the previous seven days.
Just like the Ethereum blockchain, these chains are blockchains that use EVM’s capabilities, enabling builders to construct DApps and good contracts.
As reported by the newest Nansen knowledge immediately, a number of EVM blockchains (led by IOTA, Hyperliquid, and lots of others) skilled spectacular progress in on-chain exercise up to now week.
IOTA leads lively pockets exercise
First, the info listed prime EVM chains with progress in lively addresses over the week.
The IOTA Community emerged as the highest EVM chain that registered the best improve of lively addresses final week, representing an enormous 123% rise.
The second largest EVM chain, when it comes to the surge in lively wallets, is Hyperliquid. The Hyperliquid blockchain skilled a 35% improve in lively addresses throughout the week. This outstanding rise is tied to HYPE’s resurgence. Up to now seven days, the asset’s price massively rose by 27.8%, which enabled it to climb to a brand new ATH of $37.24 two days in the past. This suggests that traders are placing extra capital into the decentralized derivatives trade than ever earlier than. The community attracted a lot of lively wallets, indicating elevated confidence within the platform.
The Sei Community emerged because the third hottest EVM chain, with a 22% progress in lively addresses recorded over the previous week. This determine highlights a rising chain the place customers are utilizing DApps on the community. This improve signifies the rising engagement and use of the Sei Community.
BNB Chain leads in transaction quantity
The Nansen knowledge additionally listed the highest EVM chains that registered the best transaction quantity during the last seven days.
BNB Chain topped all different EVM chains, pulling in an enormous 49% improve in transaction quantity over the previous week. It isn’t by likelihood that BNB Chain is the chief in crypto transaction quantity. The community has been strategically working to grow to be a prime chain for crypto buying and selling exercise. Its simplified platform, low transaction charges, and quick processing occasions make it a best choice for crypto transactions.
Sonic Labs took the second place, beating different EVM chains when it comes to transaction quantity. Over the past seven days, transaction quantity on Sonic Labs rose by 13%, an indicator of heightened capital inflows and elevated consumer exercise within the EVM chain.
Lastly, the Scroll ZKP Community made it to the third place, showcasing it as a outstanding EVM chain. Scrolls, which is an Ethereum layer-2 scaling resolution, skilled an 11% improve in transaction quantity, knocking different EVM chains from the record.