Over the past week, the total number of blockchain transactions across public blockchains and Layer-2 networks reached a record high. This remarkable figure amounts to 342 million transactions within just seven days, marking the highest weekly total ever recorded. Solana, BNB Chain, and Tron Lead Data from Dune Analytics shows that Solana, BNB Chain, and Tron were the top three blockchains by transaction volume over the past week. Solana (SOL) leads significantly in transaction count, accounting for 59. 46%. This surge is partly due to the rapid growth of meme tokens launched through various launchpad projects on the platform. Notably, Solana hosts the top two meme coin launchpads, LetsBonk and Pump. fun. Despite their speculative nature, these meme tokens have attracted a large influx of new users, pushing transaction volumes to unprecedented heights. Although BNB Chain represents only 18. 76% of total transactions, it remains the network with the most decentralized applications (Dapps). Hosting a broad spectrum of Dapps across sectors like DeFi, GameFi, and NFTs, BNB Chain plays a crucial role in retaining users and maintaining liquidity within its ecosystem. This may be partly attributed to the BNB Chain Maxwell Hard Fork update, which halved block processing time to 0. 75 seconds.

This upgrade enhances speed and synchronization without sacrificing network quality or decentralization. Beyond transaction figures, Solana, BNB Chain, and Tron rank among the top 10 blockchains in daily active users. Furthermore, Tron recently surpassed Ethereum in USDT volume, driven by whale trades and over 1 million daily retail transactions. This demonstrates steady engagement from genuine user communities—a vital factor when assessing the credibility of a blockchain ecosystem. The strong rebound in network activity could signal the beginning of a new growth phase for the crypto market. However, it is important to recognize that some transaction volume may originate from speculative, often volatile activity. Nonetheless, the 342 million blockchain transactions represent a promising development and increasing user engagement in the blockchain space.