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Solana has secured the top position in the 2025 ranking of public blockchain activity, according to a report by Cointelegraph[6]. The ranking, based on active user metrics, highlights Solana's dominance with 57 million monthly active addresses, driven by its high-speed transactions, low fees, and growing adoption in decentralized finance (DeFi) and non-fungible token (NFT) ecosystems. This places
ahead of other major blockchains such as (51.2 million) and Chain (46.4 million), which also showed significant growth[6].The data underscores Solana's competitive edge in processing up to 65,000 transactions per second (TPS), a key factor in attracting developers and users to its platform. Additionally, institutional adoption and innovations like the Firedancer validator client have bolstered network reliability, contributing to its leading position. However, challenges remain, including past network outages and criticisms of centralization risks[6].
In the stablecoin activity segment, Solana ranks third with 3.1 million active addresses as of June 2025, trailing BNB Chain (11.8 million) and
(9.6 million) but outpacing (2.5 million) and other networks[2]. This aligns with broader trends of BNB Chain and TRON dominating stablecoin usage, particularly in cross-chain transactions and DeFi liquidity[5]. Despite this, Solana's position in the rankings reflects its robust infrastructure and strategic focus on scalability, which analysts attribute to its appeal in high-frequency trading and gaming applications[6].The report also notes that BNB Chain's reduced block time to 0.75 seconds and AI integrations have driven its growth, while TRON's low-cost stablecoin transactions and partnerships with platforms like Rumble Cloud have solidified its market presence[6]. These factors, combined with Solana's technical advancements, highlight the competitive landscape among blockchains vying for active user engagement.
Analysts emphasize that the growth of blockchain networks in 2025 is increasingly tied to real-world use cases rather than speculative hype[6]. Solana's ecosystem, supported by DeFi protocols and NFT marketplaces, has attracted a developer base prioritizing scalability and cost efficiency. Meanwhile, BNB Chain and TRON continue to leverage their established user bases and institutional backing to maintain momentum in stablecoin and enterprise applications[2].
The rankings also reveal broader industry dynamics, including the role of layer-2 solutions in enhancing scalability. For instance, Ethereum's Ecosystem 2.0 upgrades and partnerships with platforms like Coinbase's Base have helped it retain relevance despite higher fees compared to competitors[6]. However, Solana's ability to balance speed, low costs, and developer tools positions it as a preferred choice for applications requiring high throughput, such as gaming and metaverse platforms.
Critics and observers note that while active address metrics are crucial, they do not always correlate with long-term sustainability. Issues such as bot activity, regulatory scrutiny, and competition from other layer-1 and layer-2 solutions remain challenges for all listed blockchains[6]. Nevertheless, the 2025 rankings underscore the maturation of the blockchain industry, with networks like Solana, BNB Chain, and TRON demonstrating resilience and adaptability in a rapidly evolving market.
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