Solana (SOL) Surpasses Ethereum (ETH) in Monthly Active Addresses: Details
According to blockchain analytics firm Nansen, six major blockchains had more than one million active addresses in March. The "addresses" in this context refer to those that have executed a transaction.
The six blockchains given are BNB Chain, Solana (wallets), Ethereum, Polygon, Arbitrum and Fantom.
The BNB chain led the pack in active addresses with 13.3 million users. Active wallets on the Solana network increased in March, outpacing other blockchains, including Ethereum. Active wallets for Solana stood at 5.8 million, while Ethereum saw 5.2 million active addresses, ranking third after Solana. Blockchains Polygon, Arbitrum and Fantom saw active addresses of 3.9 million, 2.2 million and 1 million, respectively. Nansen lists the entities contributing to the growth of active addresses seen for the blockchains mentioned.