Crypto Times Logo Black
Google News Follow Banner
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • DeFi News
    • Blockchain News
    • Industry
  • Exclusive
    ExclusiveShow More
    Bitget exchange coin token set in front of a blurred FTX building backdrop.
    Is Bitget the Next FTX? What the $351.6 Million Hack Does and Doesn’t Have in Common
    Gold Bitcoin BTC coin standing vertically in front of a rising green financial candlestick chart
    Inside Bitcoin’s September 2026 Rally: BTC Reclaiming $87K, $2B in ETF Inflows and a Short Squeeze
    CLARITY Act Fails 49-50 in US Senate as SEC & CFTC Move Ahead on Crypto Rules Within 48 Hours
    CLARITY Act Fails 49-50 in US Senate as SEC & CFTC Move Ahead on Crypto Rules Within 48 Hours
    Illustrated collage featuring diverse people surrounded by crypto symbols and a corporate boardroom backdrop.
    Quiet Racism in Crypto Gets “Obvious” During Circle’s Arc Mainnet Launch
    3D Liquid Network logo with a hooded hacker shadow and computer code overlays in the background
    Liquid Network Exploit Explained: Unbacked L-BTC and the $320M Peg-Out
  • Opinion
    OpinionShow More
    Jackson Hole 2026: Crypto Is No Longer Outside the Fed’s Door
    Jackson Hole 2026: Crypto Is No Longer Outside the Fed’s Door
    The Architecture of Trust Same Routes, New Risks in Global Tokenisation
    The Architecture of Trust: Same Routes, New Risks in Global Tokenisation
    The Architecture of Trust What 4,000 Years of Trade Teach Us About RWA Tokenisation
    The Architecture of Trust: What 4,000 Years of Trade Teach Us About RWA Tokenisation
    One P2P Trade, Months of Limbo Why Innocent Indian Crypto Users Keep Paying the Price
    One P2P Trade, Months of Limbo: Why Innocent Indian Crypto Users Keep Paying the Price
    CLARITY Act The Bill Exists, the Deal Does Not, Trump Has to Wait
    CLARITY Act: The Bill Exists, the Deal Does Not, Trump Has to Wait
  • Learn
    • Explained
    • How To
    • Insights
  • IndicesNew
    • India USDT Premium Index
    • India USDC Premium Index
  • Videos
  • More
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
    • Daily Crypto Puzzles
The Crypto TimesThe Crypto Times
  • All News
  • Market
  • Bitcoin
  • Ethereum
  • Altcoins
  • Regulations & Policies
  • Blockchain
  • DeFi
  • Industry
  • Exclusive
  • Opinion
Search
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • Blockchain
    • DeFi
    • Industry
    • Exclusive
    • Opinion
  • Learn
    • Explained
    • How To
    • Insights
  • IndicesNew
    • India USDT Premium Index
    • India USDC Premium Index
  • Quick Links
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
    • AI Policy
    • Sponsored & Advertorial Policy
    • Daily Crypto Puzzles
  • Videos
  • Glossary
Follow US
© 2026 By Crypto Times. All Rights Reserved.
Blockchain News

Crypto L1 Activity Surges 254% as BNB Chain Leads Address Growth

BNB Chain accounts for 31.8% of monthly active addresses as low fees and faster block times support network activity.

Written By Sharmistha Suman
Edited by Shubham Soni
Published 2026-08-11·Updated 2 months ago
Make The Crypto Times preferred on GoogleGoogle
Crypto L1 Activity Surges 254% as BNB Chain Leads Address Growth

Key Highlights

  • BNB Chain recorded 41.7 million monthly active addresses, accounting for 31.8% of activity across 40 Layer-1 blockchains.
  • Solana followed with 32.7 million addresses, while Tron, Bitcoin, and Ethereum recorded 18.9 million, 10.3 million, and 9 million, respectively.
  • BNB Chain’s monthly active addresses rose 2.3% over the past 30 days, while Solana declined 7.5%.

Data from Token Terminal shows that monthly active addresses across 40 Layer-1 blockchains totaled 131.0 million, reflecting a 254.7% increase, as of August 11, 2026 (2:00 pm UTC). BNB Chain accounted for the largest share at approximately 41.7 million addresses, or 31.8% of the total.

According to Token Terminal data (as of 2:00 pm UTC), Solana followed BNB Chain with 32.7 million monthly active addresses, representing 25.0% of the total. Tron recorded 18.9 million, followed by Bitcoin with 10.3 million and Ethereum with 9.0 million. 

Litecoin recorded approximately 4.5 million addresses, Polygon 4.3 million, Avalanche 1.5 million, and TON 1.4 million. The remaining networks accounted for about 5.2% of the total.

Monthly Active Addresses by Chain on Aug 11 at 2:00 pm UTC
Monthly Active Addresses by Chain on Aug 11 at 2:00 pm UTC | Source: Token Terminal 

Over the most recent 30-day period, BNB Chain’s monthly active addresses increased 2.3%. Solana declined 7.5% over the same period, while Tron rose 0.4%, Bitcoin increased 8.3%, and Ethereum gained 7.5%.

The data shows that BNB Chain currently holds the largest share of monthly active addresses among the networks tracked by Token Terminal. However, address counts can vary significantly depending on transaction patterns and the methodology used to define active addresses.

Low fees support BNB Chain activity

Several factors may have contributed to the elevated activity levels observed on BNB Chain. Transaction fees on the network have remained low, with median costs frequently reported between $0.01 and $0.10. 

Network upgrades implemented through 2025 and into 2026 have also reduced block times and pushed users to interact with the chain. 

These changes can make the network more suitable for applications requiring frequent transactions, although the address data alone does not establish that lower fees or faster block times directly caused the recent increase.

BNB Chain has also continued to expand its broader ecosystem, including through developments around stablecoins, decentralized applications and institutional access.

Address growth differs across major chains

The BNB Chain ranking comes as activity on other major networks shows a more mixed picture.

Solana recorded 32.7 million monthly active addresses, but its figure declined 7.5% over the past 30 days. Bitcoin and Ethereum, meanwhile, recorded increases of 8.3% and 7.5%, respectively.

Ethereum also recently recorded a sharp increase in daily activity. Santiment data showed 989,500 daily active addresses on August 9, the highest single-day level since March. That metric is different from Token Terminal’s monthly active-address measure and should not be directly compared with the 9 million monthly figure in the L1 ranking.

Monthly data can smooth short-term fluctuations and provide a broader view of network participation, while daily figures can capture temporary spikes in activity.

BNB shows slight recovery

BNB Price Momentum on Aug 11 at 2:00 PM UTC
BNB Price Momentum on Aug 11 at 2:00 PM UTC | Source: CoinMarketCap

At the time of this writing, BNB was trading near $610.50, with a market capitalization of approximately $81.3 billion. The 24-hour change stood at roughly +1.7%, while the one-month change was approximately +5.2%, according to CoinMarketCap data (as of 2:00 PM UTC).

Intraday charts showed a recovery from levels near $597 earlier in the session toward the $613 range. Circulating supply remained at 133.16 million tokens. Volume over 24 hours registered about $1.17 billion. Price movement has tracked broader market conditions in recent sessions, with the token holding above short-term support levels visible on the daily and hourly charts while remaining well below its prior peaks from 2025.

Address growth does not tell the whole story

Despite BNB Chain’s lead in monthly active addresses, the metric alone does not provide a complete measure of network health. 

High address totals can include low-value or automated transactions and do not necessarily translate into sustained economic throughput or protocol revenue growth. A fuller assessment would also consider transaction fees, transaction value, total value locked, stablecoin activity and the number of economically active users.

The relative positions of major networks can also change as users move between chains in response to fees, applications, liquidity and market conditions.

For now, BNB Chain leads the tracked Layer-1 networks by monthly active addresses, while the contrasting trends across BNB Chain, Solana, Bitcoin and Ethereum show that network activity remains uneven across the broader market.

Also Read: Ravencoin Falls 18% as Exchanges Suspend RVN Transfers

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

Follow The Crypto Times on Google News to Stay Updated!      Google News

Daily Crypto Puzzles
Tickerdle Tickerdle Crypto Connections Crypto Connections Crypto Crossword Crypto Crossword
TAGGED:BinancePrice Analysis
Share This Article
Whatsapp Whatsapp LinkedIn Telegram Copy Link

Daily Crypto Puzzles

Tickerdle crypto game Tickerdle Crypto Connections game Crypto Connections Crypto Crossword game Crypto Crossword

Latest News

Bitget Withdrawals Resume September 28: Full Schedule After $387.5M Hack
Bitget Withdrawals Resume September 28: Full Schedule After $387.5M Hack
Hand holding a smartphone displaying the Dinari logo in front of a Sei Network wall sign.
Dinari Plans to Bring Tokenized S&P 500 Shares to Sei
Official U.S. Securities and Exchange Commission (SEC) seal mounted on a stone wall.
SEC Staff Clarifies Crypto Investment Contract Rules in New FAQs
Handcuffed individual standing behind physical crypto coins with the flag of Vietnam in the background.
Vietnamese Man Charged Over $16M Crypto Pig Butchering Scam
A row of major cryptocurrency tokens set against a falling red market chart backdrop.
Crypto Stocks ABTC, CRCL, COIN, MSTR Slide as BTC Trades Under $84K

Find Us on Socials

You may also like

Ethena and Binance logos displayed on illuminated glass blocks separated by an "X" symbol.

Ethena Begins Equity Basis Trade on Binance With Tokenized Stocks

NEAR Protocol (NEAR) token set against a green upward-trending market chart.

NEAR Protocol Surges 13.9% Following Bitwise NEAR ETF Updates

A physical gold Bitcoin coin positioned in the foreground against a backdrop of financial candlestick trading charts.

Bitcoin Holds Tight Range Near $84K as Consolidation Builds Tension

Physical gold Bitcoin coin standing on network security schematics next to a laptop displaying node locks.

Researchers Propose “Shielded Bitcoin” for Private L1 Transfers

The Crypto Times Logo PNG

News

All News
Market News
Bitcoin News
Ethereum News
Altcoin News
Regulations & Policies
DeFi News
Blockchain News
Industry News

Sections

Exclusive
Opinions
Learn
Insights
Videos
Glossary

India Premium Indices

Stablecoins
USDT
USDC

Play

Daily Crypto Puzzles
Tickerdle
Crypto Connections
Crypto Crossword

Company

About Us
Our Authors
Editorial Policy
AI Policy
Advertorial Policy
Contact Us
Career

Follow Us

X-twitter Linkedin Telegram Youtube Instagram

© 2026 The Crypto Times | A BITROCK TECHNOLOGIES L.L.C. Company.

DMCA.com Protection Status
  • Terms and Conditions
  • Disclaimer
  • Privacy Policy
  • Cookie policy
Do Not Sell or Share My Personal Information