Onchain Transaction Activity in Blockchain Networks

Onchain transaction activity is a core component of blockchain networks. For crypto users, tracking these flows within the network and comparing them to other blockchains is a sure way to understand which protocols are good platforms for investment growth.

Today, data reported by Top7ico highlighted which blockchain networks are leading in on-chain trading activity. A higher number of transactions on a blockchain indicates that more users are utilizing and trusting the network. Below is a ranking of the top 10 blockchain networks by transaction volume over the past week.

Top Blockchains by Number of Transactions in Last 7 Days

Among the top blockchains, Internet Computer (@dfinity) leads with 2.3 billion transactions, followed by @HyperliquidX at 1.59 billion and @solana at 391 million. The listed tokens include $ICP $HYPE $SOL $TRX $NEAR $SUI $BNB $INJ $SEI.

Leading Blockchains by Transaction Numbers

1. Internet Computer (ICP): The top most active blockchain with 2.34 billion transactions in the last week. This surge indicates increased market activity and potential price growth.
2. Hyperliquid (HYPE): Ranked second with 1.59 billion transactions processed, showcasing rapid growth as a platform for trading perpetual derivatives since launching its HYPE token in November 2024.
3. Solana (SOL): Third position with 391 million transactions, reflecting its growing popularity, especially in the NFT landscape.
4. Tron (TRX): Fourth with 60.7 million transactions, outperforming major chains like Bitcoin and Ethereum.
5. Base Protocol (BASE): Fifth with 53.4 million transactions, highlighting its role in the optimistic rollup ecosystem.
6. Near Protocol (NEAR): Single 42.8 million transactions, indicating its adoption and robust fundamentals.
7. Sui Network (SUI): Recorded 31.1 million transactions, reflecting growing interest in its platform.
8. Binance Chain (BNB): Positioned eighth with 30.5 million transactions, known for interoperability with Ethereum and lower fees.
9. Injective (INJ): Achieved 30.2 million transactions, demonstrating its efficiency with high speed and low fees.
10. Sei Network (SEI): Wrapped this list with 27.8 million transactions, highlighting the prominence of its Layer-1 blockchain protocol.