BNB Chain had over 10M active addresses in April; Ethereum had 4.9M
BNB chain had 10.9 million active addresses in April — the highest, despite an 11% drop from March, data from on-chain analytics platform Nansen Ipinapakita ng. Solana (SOL) was a distant second with 5.1 million active addresses last month — less than half the number of active addresses on the BNB chain. Active addresses on Solana fell by 12% in April compared to the previous month, the data show. Ethereum (ETH) had 4.9 million active addresses in April — down 7.9% from March. Polygon (MATIC) and Arbitrum (ARB) both saw the number of active addresses climb last month. Polygon had 4.2 million and Arbitrum had 2.4 million active wallets last month — up 6% and 7.8% from March, respectively. But it was Avalanche (AVAX), Celo, and Optimism that recorded the biggest growths in active addresses last month, according to Nansen data. Active addresses on Avalanche and Celo grew by 87% and 46% respectively, while Optimism saw a growth of 36% compared to March. Diving deeper on-chain On the BNB chain, three platforms saw their number of users grow significantly last month. Users on the Polyhedra Network — which provides Web 3.0 infrastructure — increased phenomenally by over 4,000,000% in April. Meanwhile, blockchain interoperability provider LayerZero Labs,