Layer-1 (L1) blockchains are experiencing a significant increase in user activity, with the total number of active addresses reaching 18 million daily, according to data from Token Terminal. Leading the trend is BNB Chain, becoming the most prominent network among major ecosystems. This milestone indicates growing adoption in areas such as DeFi, gaming, and on-chain applications.
The rise in active addresses reflects higher participation from both individual and institutional investors, strengthening confidence in blockchain infrastructure. Other L1 networks also contribute to the overall growth, but scalability and low costs give BNB Chain a competitive edge. Analysts suggest this trend could signal a market recovery and drive innovation in the cryptocurrency space.