Unichain and Berachain, which launched last month, led blockchain growth over the past 30 days, followed by Iota.
According to Nansen, Unichain, Berachain, and Iota were the fastest-growing chains, experiencing significant increases in both active addresses and transactions.
Unichain, Uniswap’s newly introduced Ethereum layer-2 network, saw a remarkable 21,713% surge in active addresses and a 350% rise in transactions over the past month. This spike is likely due to Uniswap waiving all interface fees for swaps at launch. Additionally, the network offers rapid one-second block confirmation times.
Berachain (BERA), which also made its debut last month, ranked as the second-fastest-growing blockchain, with a 453% increase in active addresses and a 421% rise in transactions. This growth is largely driven by Berachain’s low transaction fees, which stand at just $0.0006 per transaction—99% cheaper than Ethereum (even at its lowest fee of $1) and 40-94% lower than Solana (SOL).
Iota (IOTA) also saw notable growth, with active addresses rising by 126% and transactions increasing by 138%. This uptick is primarily attributed to a significant drop in average transaction fees, which declined notably in mid and late February, according to Explorer. Over the past week, average transaction fees have ranged between $0.0009 and $0.0010.
