The blockchain panorama on the finish of 2025 exhibits outstanding modifications in person exercise metrics with shocking candidates for present leaders. In keeping with the newest statistics from Phoenix, month-to-month energetic addresses are a very powerful consider figuring out whether or not a blockchain is getting used for legit functions quite than mere hypothesis.
The BNB chain surpassed 58 million month-to-month energetic addresses in September 2025, surpassing Solana's 38.3 million for the primary time since 2024. This accomplishment was greater than only a quantity. This quantity exhibits a change in the best way customers work together with blockchain networks.
Binance’s infrastructure enhancements and ecosystem enlargement have pushed its progress. The common block time is now 0.751 seconds and petrol costs have plummeted from 0.05 Gwei (down 98% since 2025). Binance co-founder (CZ) reported that in December 2020, Binance had greater than 2.4 million every day energetic addresses, leading to a 600% enhance in annual buying and selling quantity. The community's whole locks have soared to $17.1 billion, with PancakeSwap alone having a TVL of $2.5 billion and transaction quantity of $772 billion in Q3 2025.
Solana's response to the Layer 2 revolution
Whereas the BNB chain has risen to the highest, Solana stays a powerhouse with distinctive benefits. The community has a powerful month-to-month energetic person base of 58 million, with an FDV of $108.5 billion and a 30-day buying and selling quantity of $290 billion. Its history-proof consensus mechanism helps 1000’s of transactions per second, making it the platform of alternative in relation to high-frequency DeFi and meme coin buying and selling.
The appearance of Ethereum Layer 2 options has added a brand new dimension to the blockchain battle for person engagement. Coinbase's optimistic rollup answer, Base, rapidly collected 22 million month-to-month energetic addresses regardless of being pretty new. The platform's integration with Coinbase's 100 million person base has an onboarding benefit of ultra-low common charges of $0.01, attracting cost-conscious customers and builders.
Arbitrum has 4.2 million month-to-month energetic addresses, $5.2 billion in FDV, and $14.5 billion in buying and selling quantity. These layer 2 platforms inherit the safety of Ethereum whereas giving customers what they need from community velocity and value effectivity.
The impression of energetic addresses on blockchain adoption
A deal with month-to-month energetic addresses is maturing as a method of measuring success within the blockchain trade. Whereas market capitalization signifies how a lot worth is within the ecosystem, energetic addresses point out the precise utilization of a blockchain community, providing you with an concept of the general well being of that community and ecosystem. Nonetheless, analysts level out that bots, airdrop farming, and empty wallets can have a major impression on these numbers, even with out precise person engagement.
The explanation blockchain will explode in 2025 is as a result of stablecoins like USDT and USDC are rising transaction volumes to lend out giant quantities of liquidity, whereas Arbitrum and Base are lowering prices to the penny. The DeFi and NFT ecosystem continues to draw increasingly customers as extra contributors delve deeper into the ideas of decentralized purposes and digital possession. In the meantime, fashionable partnerships just like the Base and Coinbase integration are opening the door to blockchain expertise to hundreds of thousands of people that beforehand struggled to entry it.
conclusion
As 2026 approaches, the competitors for improved blockchain efficiency and true utility is certain to accentuate. Networks that combine each high-throughput and real-world purposes corresponding to DeFi, gaming, and tokenization will proceed to fascinate customers. Month-to-month energetic addresses have change into a key determine in revealing which networks persons are selecting to make use of, indicating that blockchain is shifting from hypothesis to utility-driven adoption.
