Ronin and ZKsync’s onchain metrics fell the most in 2025
Summary
According to Nansen data for 2025, Ronin experienced the largest drop in active addresses (70%), largely due to the decline in popularity of the game Pixels, highlighting network reliance on single applications. ZKsync saw transactions fall by 90%, coinciding with the cooling of activity following its June 2024 token airdrop. Conversely, Ethereum's base layer saw increases in both active addresses and transactions. Declines on other networks like TON were linked to the winding down of viral applications like Hamster Kombat. The data suggests that sharp year-over-year declines often result from the end of hype cycles, airdrops, or migrating applications, rather than terminal ecosystem failure, as seen by networks like Solana and BNB Chain retaining users gained during prior surges.
(Source:Cointelegraph)