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Internet Computer Beats Solana and BNB Chain in 30-Day Activity Race

BeInCrypto
Internet Computer outperformed major blockchains like Solana and BNB Chain, leading in transaction volume over a recent 30-day period.

Summary

Internet Computer (ICP) has emerged as the leader in transaction volume among major blockchains, recording approximately 6.5 billion transactions over a 30-day window according to Chainspect data. This figure significantly surpasses Solana's 2.9 billion, while BNB Chain and TRON trailed behind. The network's high throughput is attributed to its horizontal scaling architecture, which utilizes multiple independent subnets. Despite this robust network activity and a cumulative total of 287 billion transactions since its 2021 launch, the ICP token has struggled to maintain price momentum, experiencing a decline of over 28% since early May.

(Source:BeInCrypto)