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The Most Active Altcoin Networks in 2024 Are Announced! Ethereum is Not on the List, Bitcoin is in Eighth Place!
As the year 2024 comes to a close, the "best of the year" from the past year are being announced one by one.
As it is known, the cryptocurrency market has truly grown unbelievably in 2024, led by Bitcoin, surpassing the psychological barrier that was once considered insurmountable by exceeding a price of $100,000.
However, in 2024, some altcoins set records for daily active address counts on their own blockchain networks. The list contains quite surprising rankings in terms of size. Especially noteworthy is the absence of the Ethereum network in the top 10 on this list, with a large number of layer 2 protocols instead.
Here are the blockchain networks with the highest daily active address counts and average user numbers in 2024:
The reason why layer 2 protocols in the list are so popular is shown as being much faster and more cost-effective than the layer 1 protocol Ethereum. On the other hand, it is noteworthy that Bitcoin, which does not have many DeFi features on the list, is also ranked lower.