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Guavy AI Editorial Team••Sentiment: 4•Clout: 78

Solana Surges to Top Spot in Public Chain Activity with 55% Active Address Growth

BNBBTCETHTRXSOL

Solana has taken the top spot in public chain activity over the past seven days, according to data from Nansen. This surge is largely driven by active trading of the meme coin ANSEM.

The blockchain's active addresses have risen sharply, with a 55% increase to approximately 29.844 million in the past week. This puts it far ahead of other public chains like TRON (8.74 million), BNB Chain (8.09 million), Bitcoin (2.73 million), and Ethereum (2.46 million).

Solana's active addresses are not the only metric that has seen significant growth, as transaction volume has also increased significantly. Over 680 million transactions have generated $3.66 million in fees, a 62% increase year-on-year.