Are Active Users the Only Reliable Metric for Blockchain Growth in 2025?

[cryptoenthusiast]

For advanced crypto users, hype metrics like TVL or FDV don’t tell the full story. In 2025, active users (unique wallet addresses transacting) have emerged as the most reliable measure of real adoption.

Why active users matter: They represent actual engagement, not speculation. Solana, for instance, now records 57M monthly users, making it the fastest-growing chain despite criticism about centralization.

What to watch out for: Inflated metrics still exist. Bots, wash trading, and inactive wallets can distort the picture.

Advanced takeaway: Pair active address growth with transaction quality data (like fees paid and cross-chain activity) to gauge whether adoption is sustainable.

Pro tip for analysts: Use sources like Dune or Glassnode to filter for organic activity vs. automated traffic.

[EmTeam]

TVL + FDV can be gamed… but active users don’t lie. Real wallets transacting = real adoption.

[jacson4]

Solana catching heat for centralization but 57M monthly wallets proves traction. At the end of the day, usage > narratives.

[jacson4]

Solana, Near, and BNB Chain compete on throughput, unique consensus models, and ecosystem incentives.