Best Performing Blockchains This Week, According to Nansen

3 hours ago 3

Rommie Analytics

Leading the rankings is Avalanche, which saw a remarkable 122% surge in fees and a 133% increase in transactions. This signals a strong uptick in usage and revenue generation across the Avalanche ecosystem.

Gravity followed with a 49% increase in fees, accompanied by a 39% rise in active addresses. Ton recorded a 40% fee growth, maintaining consistent on-chain momentum.

Blast posted a 30% rise in fee revenue despite a decline in transactions, suggesting increased value per interaction.

Meanwhile, Algorand saw 22% growth in fees while topping the leaderboard for active address growth, climbing 80% with over 1.2 million active users.

Nansen’s data underscores the growing divergence between networks prioritizing user acquisition and those driving transactional revenue. Some chains are expanding through wallet adoption and daily activity, while others are seeing gains through deeper engagement and higher-value transactions.

As activity heats up across the Layer 1 landscape, these weekly fee metrics provide a clear snapshot of which chains are gaining traction—and monetizing it.

The post Best Performing Blockchains This Week, According to Nansen appeared first on Coindoo.

Read Entire Article