cryptocurrency market after weak employment report from the US Bitcoin Analysis company CryptoRank identified the altcoin networks with the highest number of users in April.

Bitcoin price has increased by approximately 7% in the last 24 hours and is traded at $ 63,257 at the time of writing this article.

Here are the altcoin networks with the most users and their number of users in April:

  1. Tron (TRX) – 54.7 million
  2. Near (NEAR) – 53.8 million
  3. BNB (BNB) – 35.5 million
  4. Solana (SUN) – 35.2 million
  5. Polygon (MATIC) – 33.6 million
  6. Ethereum (ETH) 12 million
  7. Base – 10.7 million
  8. zkSync Era – 9.8 million
  9. Arbitrage (ARB) – 9.3 million
  10. Line – 5.6 million
  11. Whole (FULL) – 4.9 million
  12. Optimism (OP) – 4.2 million
  13. Apts (APT) – 3.2 million
  14. Scroll – 2.6 million
  15. Blast – 2.5 million

It is noteworthy that Ethereum, which has the largest market value, can rank sixth on the list. The reason why Ethereum’s number of users remains lower than others is the high transaction fees required by the network to process transactions.

However, the reason why Tron, which ranks first, has such a large number of users is thought to be that most of the USDT stablecoin transfers occur on the Tron network.

*This is not investment advice.

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