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Surprising Altcoin Leads Daily Transaction Count by a Wide Margin

May 6, 2024

A recent report from the cryptocurrency analysis platform Coin98 reveals that Sui (SUI) outperformed Ethereum (ETH) and Solana (SOL) in the number of daily transactions by a significant margin.

Current data indicates that Sui has processed 40 million transactions today, which is substantially higher than Solana's transaction count of 27 million. The ranking of daily transaction volumes is as follows:

  1. Sui - 40 million
  2. Solana - 27 million
  3. Near - 6.6 million
  4. Tron - 5.4 million
  5. opBNB - 4.6 million
  6. Polygon - 3.5 million
  7. BNB Chain - 3.1 million
  8. Base - 2.5 million
  9. Arbitrum - 1.3 million
  10. Ethereum - 1.2 million
  11. Avalanche - 961 thousand
  12. zkSync - 854 thousand
  13. Blast - 734 thousand
  14. Aptos - 672 thousand
  15. Optimism - 520 thousand
  16. Scroll - 410 thousand

The data was last updated on May 6th.

However, some skeptics have raised concerns about the accuracy of this data, pointing out that Sui reportedly only has 55 thousand daily active users.

Coin98 also disclosed information on the total number of unique addresses across various cryptocurrency networks. BNB Chain leads with 445 million addresses, followed by Polygon with 419 million addresses, and Ethereum with 267 million addresses. Sui ranks thirteenth with approximately 10 million addresses.

Please note that this content does not constitute investment advice.

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