On-chain data from the past week has highlighted significant capital movements and user adoption trends across the cryptocurrency ecosystem. The analysis reveals a concentration of investor funds flowing into specific Layer-2 and next-generation blockchain projects, while some of the market's largest networks experienced notable outflows.
In terms of net fund inflows, Polygon (MATIC) led the pack with an impressive $153.02 million, followed closely by Hyperliquid with $120.60 million. Other projects attracting substantial capital included Base ($63.23 million), Ink ($16.74 million), and Injective (INJ) with $10.66 million. Smaller inflows were recorded for Sui (SUI) at $702,000 and Mantle (MNT) at $352,000.
Conversely, the list of networks facing the largest net fund outflows was headed by Ethereum (ETH) with a significant outflow of $133 million. Other major ecosystems seeing capital leave included edgeX (-$62.34 million), Arbitrum (ARB) (-$62.01 million), OP Mainnet (OP) (-$55.99 million), and Solana (SOL) (-$33.45 million). BNB Chain (BNB) and Avalanche C-Chain (AVAX) also recorded outflows of $11.73 million and $1.40 million, respectively.
Separate data on weekly active users paints a picture of adoption and engagement. BNB Chain continues to dominate with approximately 16.9 million weekly active users. It is followed by Near Protocol (NEAR) with 15.2 million users and Solana (SOL) with 9.9 million. Other top networks by user count include Tron (TRX) at 6.6 million, opBNB at 6.0 million, and Aptos (APT) at 4.6 million.
The user activity analysis over a 30-day period shows diverging trends. While projects like Near Protocol and World Mobile Chain (WMTX) saw increases in their user bases, networks including Aptos, Sei Network (SEI), and Ethereum experienced declines in active users.
