Blockchain analytics firm Nansen has released its latest weekly activity report, revealing a clear leader in transaction volume and a significant surge from a rising contender.
Solana once again secured the number one spot with 424.7 million transactions. This maintains its position as the busiest chain in crypto, despite a slight 1.7% decrease in activity from the previous week. Even with this minor dip, Solana continues to significantly outpace every other network in terms of raw throughput.
BNB Chain followed in second place with 110.2 million transactions. This represents a sharper 8.2% drop, indicating a cooling of activity across its decentralized finance (DeFi) and gaming ecosystems.
This week in chain activity:
🥇 @solana – 424.7M txns (⬇ 1.7%)
🥈 @BNBCHAIN – 110.2M txns (⬇ 8.2%)
🥉 @base – 102M txns (⬆ 20%)🎖 Honorable mention: @trondao – 73M txns and rising pic.twitter.com/XLcxSc0QYb
— Nansen 🧭 (@nansen_ai) November 17, 2025
However, the standout performer this week was not among the top two chains, but rather Base, Coinbase's Layer-2 network.
Base surged to 102 million transactions, marking a significant 20% increase. This represents the strongest growth among all major chains measured. This substantial jump propels Base into a solid third place as its ecosystem accelerates, bolstered by the influx of social applications, memecoins, and stablecoin flows settling on the Layer-2 network.
Nansen also highlighted Tron, which logged 73 million transactions and continues to show upward momentum. This growth is supported by Tron's established dominance in USDT settlement across emerging markets.
Broader Network Metrics
Examining broader metrics provides further insight into network activity:
- •Solana led with over 17.28 million active addresses, showing a 0.6% increase.
- •Base and Tron also experienced healthy address growth, with Base seeing a 1.3% increase and Tron a 10% increase.
- •Fee markets displayed sharp variations. Polygon and Stellar demonstrated strong week-over-week fee increases, while BNB Chain fees saw a notable drop of 31%.
The latest data underscores a significant trend within the cryptocurrency space. Solana continues to be unmatched in terms of raw transaction performance. Simultaneously, Base is rapidly emerging as crypto’s fastest-growing chain and is poised to be a network to watch closely in the remaining months of 2025.