On-chain analytics platform Nansen has unveiled its latest data on blockchain performance, highlighting the top chains experiencing significant fee growth over the past seven days.
This metric, according to data from Nansen, is a crucial indicator of genuine user activity and network utility, as “fee growth shows who’s really getting used.”
Leading the pack with a remarkable surge in fees is Aptos, which saw an impressive +78% growth in the past week. This substantial increase suggests a significant uptick in demand for transactions on the Aptos network, indicating growing adoption and application usage.
Following Aptos closely are:
- Sei: Demonstrating strong momentum with +60% fee growth.
- Goat: Registering a robust +33% increase in fees.
- Arbitrum: A prominent Layer 2 solution, showing solid growth at +32%.
- Zksync: Another significant Layer 2, rounding out the top five with +26% fee growth.
While metrics like active addresses or transaction counts provide a glimpse into network activity, fee generation is often considered a more direct measure of a blockchain’s economic value and demand for its blockspace. When users are willing to pay higher fees, it typically signifies either increased competition for network resources or a higher perceived value of the transactions being executed.
The data from Nansen suggests that these five blockchains are currently experiencing a surge in demand that translates directly into increased revenue for their respective networks. This trend is a strong signal for developers, investors, and users alike, pointing towards ecosystems that are not just attracting participants but are actively being utilized for valuable transactions and applications. The significant fee growth suggests a healthy and expanding economic activity on these leading chains.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/list-of-leading-blockchains-by-fee-growth/