Ethereum Leads Token Holder Rankings as Polygon Shows Fastest Growth

New data on wallet activity across major blockchains reveals Ethereum's continued dominance in token-holding addresses, surpassing 269 million active wallets. BNB Chain follows closely with 260 million addresses after a 4.6% monthly increase, intensifying the competition between the two networks due to BNB Chain's lower fees and expansive ecosystem.

Tron secured third place with 169.8 million holders, showing no recent growth, while Solana and The Open Network (TON) rounded out the top five with over 140 million addresses each and modest monthly gains. Polygon recorded the fastest growth at 5%, boosting its holder count to over 112 million, attributed to rising decentralized finance (DeFi) and gaming activity leveraging its scalability.

Bitcoin ranked surprisingly low at eighth place with approximately 75 million addresses, but experts caution this may not reflect individual ownership due to users controlling multiple addresses or holding assets on exchanges. Other networks like NEAR Protocol, Aptos, and Mythos showed incremental growth, indicating steady adoption beyond the largest chains.

The overall increase in unique token holders, with over a billion combined addresses, signals deepening blockchain engagement and adoption, even during periods of market hesitation, underscoring Ethereum's entrenched ecosystem strength.