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## Internet Computer & Hyperliquid Steer Blockchain Transaction Extent
On-chain transaction dynamism constitutes a crucial indicator of a blockchain network’s robustness. For crypto devotees, monitoring these streams and contrasting them across disparate blockchains offers a dependable avenue for pinpointing auspicious platforms for investment.
Contemporary statistics accentuate the foremost blockchain networks concerning on-chain transaction magnitude. An elevated transaction tally intimates amplified user assimilation and reliance in a network. The inventory arranges the premier 4 blockchain networks grounded on transaction extent over the preceding week.
**Leading Blockchains by Transaction Extent:**
Concurring to the statistics, **Internet Computer (ICP)** steers the cluster with an astonishing **2.34 billion transactions** in the prior week. This escalation in ICP transaction magnitude indicates heightened market dynamism and prospects for price appreciation.
**Hyperliquid (HYPE)** seizes the runner-up spot, administering **1.59 billion transactions** during the corresponding timeframe. This intensification in dynamism underscores Hyperliquid’s swift expansion as a platform for perpetual derivative commerce. Since inaugurating its HYPE token in November 2024, Hyperliquid has evolved into a Layer-1 network to observe. BlackRock Restarts Bitcoin (BTC) Purchases, Puts in $25 Million
**Solana (SOL)** secures the third position with **391 million transactions**. This signifies burgeoning assimilation, notably amidst users and developers, alongside its escalating vogue in the NFT domain.
Ultimately, **Tron (TRX)** fastens the fourth position with **60.7 million transactions**.
TRON (TRX) is creating a buzz due to its transaction volume, outstripping not only smaller blockchains but also behemoths such as Bitcoin and Ethereum, which were not even on the list.
Binance Chain (BNB) is ranked eighth with 30.5 million transactions. Its Ethereum compatibility has established it as a DeFi darling, with users appreciating its inexpensive costs and rapid transaction times.
Near Protocol (NEAR) comes next with 42.8 million transactions, demonstrating its increasing appeal and widespread acceptance. This emphasizes NEAR’s strong focus on DeFi, developer-friendly infrastructure, and a dynamic ecosystem that includes prominent DApps such as Sweatcoin and Hot Game.
Injective (INJ) is also garnering notice, with 30.2 million transactions in a week, demonstrating its efficiency as a layer-1 blockchain, notably its high speed and cheap transaction costs.
Sui Network (SUI) follows closely with 31.1 million transactions, suggesting increased platform adoption. This indicates rising interest in the network and strong demand for its cryptocurrency, implying that Sui is becoming a key player in the crypto arena.
Base Protocol (BASE) is ranked fifth with 53.4 million transactions, demonstrating its robust growth and leadership in the optimistic rollup ecosystem.
Finally, Sei Network (SEI) completes the list with 27.8 million transactions, highlighting its prominence as a Layer-1 blockchain protocol.
Nicholas Otieno serves as a fintech writer with a specific emphasis on the cryptocurrency sphere. Being a Bitcoin possessor, Nicholas firmly trusts in its fundamental tenets. Ever since 2019, he has committed his time to crafting pieces intended to disseminate awareness regarding cryptocurrencies and elucidate their noteworthy advantageous influence on worldwide affluence.
His creations have appeared in distinguished media sources like Finance Magnates, Blockchain News, Bitcoin Magazine, including Coincub. Apart from composing content, Nicholas derives pleasure from performing domestic duties, spending time alongside companions, appreciating melodies, and observing football matches.
