By cryptoadmin Cryptocurrency analytics company Santiment has announced the altcoins that recorded the highest network growth in the last week. According to the shared data, the increase in the number of new wallets created in some projects reached up to 800 percent.
An analysis published by Santiment examined the network growth performance of cryptocurrency projects with a market capitalization exceeding $100 million over the past seven days.
The network growth metric tracks the number of new wallet addresses created on blockchain networks, helping to assess changes in investor interest and network usage.
Related News Why Did the Bitcoin Price Drop and Fail to Rebound as Expected?
According to Santiment data, Cap ($CAP) topped the list with 800% network growth. Cap was followed by Grass (GRASS) with 698.9% and Starknet ($STRK) with 468.78%.
While Starknet’s strong network growth is particularly noteworthy, the popular memecoins Fartcoin ($FARTCOIN) and Bonk ($BONK) from the Solana ecosystem also found their place in the top 10.
Related News Why Did the Bitcoin Price Drop and Fail to Rebound as Expected?
According to data shared by Santiment, the projects with the highest network growth in the last seven days are as follows:
- Cap ($CAP): 800%
- Grass: 698.9%
- Starknet ($STRK): 468.78%
- Fartcoin ($FARTCOIN): 433.95%
- Frax ($FRAX) – Optimism network: 400%
- Bonk ($BONK): 397.91%
- Aave (AAVE) – Polygon network: 346.15%
- Rain (RAIN): 314.75%
- Usual USD (USD0): 300%
- Frax ($FRAX) – Polygon network: 300%
*This is not investment advice.