The networks that saw the most transactions in the cryptocurrency market over the past week have been announced. According to the data, Solana (SOL) maintained its leadership with over 386 million transactions, while the Plasma (XPL) network attracted attention with its record increase in transaction volume.
Here are the most traded altcoin networks and their transaction change rates in the last seven days:
- Solana (SOL) — 386,578,256 trades (-7.9%)
- BNB Chain (BNB) — 100,659,384 transactions (-5.3%)
- Base — 70,203,899 transactions (-15%)
- Tron (TRX) — 65,631,069 trades (+2.2%)
- Somnia — 45,495,813 transactions (-37%)
- Aptos (APT) — 40,384,819 trades (+12%)
- Near Protocol (NEAR) — 35,867,760 transactions (+15%)
- Plasma — 26,876,528 transactions (+7,942%)
- Polygon (MATIC) — 24,593,148 transactions (+0.8%)
- Stellar (XLM) — 23,052,371 transactions (+15%)
According to the data, Plasma was the most notable network of the week, with a 7,942% increase in transaction volume. Solana and BNB Chain, despite small declines, were among the most heavily used networks in the market in terms of transaction volume.
Tron generated the most transaction fees with $9.09 million, followed by Ethereum and BNB Chain.
The volume of memecoins was particularly influential in the Solana network reaching such a high transaction number.
*This is not investment advice.
