Unichain and Berachain, both of which launched last month, have emerged as the fastest-growing blockchains over the past 30 days, followed closely by Iota. According to blockchain analytics firm Nansen, these three networks saw significant increases in active addresses and transaction activity.
Unichain Sees Explosive Growth
Unichain, Uniswap’s newly launched Ethereum layer-2 network, recorded a staggering 21,713% increase in active addresses and a 350% surge in transactions over the last month. This remarkable growth can be attributed to Uniswap’s decision to waive all interface fees for swaps upon launch. Additionally, the network’s rapid one-second block confirmation times have likely contributed to its rising adoption.
Berachain’s Competitive Fees Drive Expansion
Berachain (BERA) ranked as the second-fastest-growing blockchain, with active addresses increasing by 453% and transactions rising by 421%. A key driver of this growth is Berachain’s highly competitive transaction fees, which stand at just $0.0006 per transaction. This makes Berachain 99% cheaper than Ethereum (even at Ethereum’s lowest fee of $1) and 40–94% cheaper than Solana, further incentivizing user adoption.
Iota Gains Traction with Lower Fees
Iota (IOTA) also experienced notable growth, with a 126% increase in active addresses and a 138% rise in transactions. This spike is likely due to a significant decrease in average transaction fees. Throughout February, transaction fees dipped considerably, and in the last week, they have hovered between $0.0009 and $0.0010, making Iota an attractive option for cost-conscious users.
The Rise of Emerging Blockchains
As transaction fees and speed become increasingly crucial factors for blockchain adoption, Unichain, Berachain, and Iota are setting new standards in scalability and efficiency. With rapid user growth and strong transaction activity, these networks are positioned as key players in the evolving blockchain ecosystem.
