Which cryptocurrencies have the highest number of daily active addresses?

An analysis by market intelligence platform IntoTheBlock found daily active addresses for major cryptocurrencies. This metric provides insights into the intensity of user activity on these networks.

According to data collected by IntoTheBlock, these crypto assets include crypto assets like Solana (SOL), meme coins like Dogecoin (DOGE), and Bitcoin (BTC), the largest altcoin.

Solana is on the list.

At the top of the list is Solana, with a daily active address count of $3.04 million. His network has been the subject of many discussions and trends this year, especially the meme coin mania, which has caused an influx of users. Blockchain has seen the launch of new protocols such as Pump.Fun, which has taken meme coin trading on the network to new levels. Even the introduction of SOL's liquid stock attracted new investors to Solana.

The second cryptocurrency is Toncoin (TON), a native of the Open Network, which is linked to the social media messaging platform Telegram. The growth of tons of daily active contacts can be linked to the popularity of small apps and games on Telegram. Ton has a daily reach of 2.89 million.

Tron (TRX) comes next with an address count of 2.5 million. This growth is linked to stablecoin and network activity, as well as blockchain's new meme coin creation platform, SunPump, which has facilitated the launch of thousands of tokens in a month. Two weeks ago, IntoTheBlock revealed that Tron's long-term deposit addresses had grown by 237 percent in the past year.

Next comes Doges (DOGS), a meme coin developed on the Open Network, which was launched as a big hit for Telegram users. Dogs rose to prominence after its release in July and has remained one of the crypto community's favorite cryptocurrencies. The token has a daily active address count of 809,810.

Bitcoin comes fifth

Bitcoin has the fifth highest number of daily active addresses at 779,650. In addition to its reputation as a leading digital asset network, blockchain has seen significant growth in recent times. From the introduction of the BRC-20 token standard to the approval of the space's Bitcoin exchange-traded funds, the network's activity has seen the effects of an influx of new users.

BTC is followed by Ether (ETH), which has about 417,000 daily active addresses. Despite the decline of ETH, Ethereum still has applications that keep users.

The remaining four daily active addresses are Litecoin (LTC), Algorand (ALGO), DOGE, and Avalanche (AVAX), with counts of 316,640, 79,850, 44,190, and 43,760.