A new ranking reveals which cryptocurrency projects saw the most user activity last week. The list covers layer-1 and layer-2 blockchains, decentralized exchanges (DEXs), and infrastructure players. The data highlights the top 20 most active projects based on weekly user numbers, developer contributions, and changes compared to the previous period. Here are some of the key takeaways:
* **BNB Chain** took the lead with a staggering 15.9 million active users, marking an impressive 8.6% increase.
* **NEAR Protocol** experienced a notable decline in active users, dropping 8.2% to 14.7 million.
* **Solana**, however, saw a significant drop of 11.4%, reaching 12.8 million users.
* Other projects like **Tron, Base, opBNB, Aptos, Jito, Uniswap, Raydium** and **Bitcoin** all experienced notable changes in active user numbers.
The article also dives into the factors driving this increase, particularly the rise of decentralized finance (DeFi) applications, as well as institutional investment. Notably, **pump.fun**, saw a massive surge of 78.4% in active users and **Meteora** increased its user base by 71.3%. It’s important to remember this ranking is not an investment recommendation. For more detailed information on the crypto market trends, please continue reading.
*This is not investment advice.*