The blockchain ecosystem just had its busiest week ever. According to data from Dune Analytics, public blockchains and Layer-2 networks collectively processed 342 million transactions over the past seven days, the highest weekly total ever recorded. This milestone highlights the growing user activity, developer engagement, and evolving use cases across various blockchain platforms.
Among the top performers were Solana, BNB Chain, and Tron, which accounted for the largest share of these transactions. Their dominance is a result of both technical upgrades and a surge in retail activity, particularly around decentralised applications (Dapps) and meme tokens.
Solana Dominates With Meme Coin Mania
Solana took the top spot with 59.46% of all transactions, driven largely by a wave of interest in meme coin trading. Platforms like Pump.fun and LetsBonk, which allow easy token launches, have made it simple for users to create and trade speculative assets, bringing in a surge of new retail users.
Transactions on blockchains. Source: Dune
Despite the volatile and often short-lived nature of meme coins, their role in boosting on-chain activity cannot be ignored. Solana’s high throughput and low transaction costs make it an ideal ground for these kinds of microtransactions.
BNB Chain Benefits from Dapp Diversity and Faster Blocks
BNB Chain followed with 18.76% of total transactions, supported by its vast network of decentralised applications spanning DeFi, GameFi, and NFTs. A key reason for the recent spike in activity is the Maxwell Hard Fork, which reduced block processing time to just 0.75 seconds.
Dapps on blockchains. Source: DappRadar
This upgrade has improved both network speed and synchronisation, enabling smoother performance without compromising on decentralisation. BNB Chain’s strong Dapp ecosystem has helped it maintain user retention and liquidity, two crucial metrics for blockchain sustainability.
Tron Surges with Tether Transfers and Whale Activity
Tron also emerged as a major contributor to last week’s transaction volume. Its network is seeing over 1 million daily retail transactions, with notable activity in USDT (Tether) transfers. In fact, Tron has surpassed Ethereum in terms of USDT volume, driven by whale trades and consistent retail usage.
Transactions on blockchains. Source: Dune
The steady presence of active users shows Tron’s growing role in handling stablecoin transfers, especially in regions where crypto serves as an alternative to traditional finance.
What This Means for the Crypto Market
This explosion in blockchain activity comes as a positive sign for the broader crypto space. While some of the volume may be attributed to speculative trends, the increased user participation and infrastructure upgrades indicate a maturing ecosystem.
Solana, BNB Chain, and Tron also ranked among the top 10 blockchains in daily active users, showing that this growth isn’t limited to bots or one-off spikes. It reflects real user interest and utility.
The number of active users on blockchains. Source: Token terminal
Though volatility and hype cycles remain inherent to crypto, crossing the 342 million transaction mark suggests that the underlying networks are evolving rapidly and may be entering a new growth phase.
The latest blockchain transaction milestone signals more than just high numbers, it reveals the growing engagement of users across diverse platforms and applications. Whether it’s Solana’s meme coin wave, BNB Chain’s infrastructure optimisation, or Tron’s stablecoin dominance, the ecosystem is alive and rapidly expanding. As speculation and utility collide, the next cycle of blockchain adoption may already be taking shape.
