Crypto Chain Metrics Between Aug. 7 to Sept. 7, 2025
Nansen analytics show that Tron wasn’t far behind on user engagement, crossing 15.2 million active addresses with an 11% boost, while Bitcoin sat at 10.6 million addresses, though slightly in the red at –4.6%. Ethereum clocked 9 million addresses, nudging upward by 3.5% since Sept. 7.
Transaction counts tell a different story. Solana dominated with more than 2 billion transactions during the recorded timeframe, even as that figure oddly showed a steep –116% swing. Tron processed over 267 million transactions, matching its growth in users at 11%.
Ethereum picked up 248 million transactions, climbing 18% since the start of August. Layer two ( L2) chain Base had a big month with a 25% jump in activity across 266 million transactions, while the L2 Arbitrum logged 271 million with a 19% gain, Nansen’s figures show.
When it comes to fees, Tron led the pack raking in $54.5 million, though that’s down 9.3%. Ethereum wasn’t far behind at $44 million, dipping 8.7%. Alongside this, Solana brought in $35.2 million, just slightly up at 1.6%, and Bitcoin collected $13.6 million with a 17% drop.
BNB Chain and Base both pulled in solid totals at $11.3 million and $5.9 million, respectively, while Arbitrum tallied $1.6 million in fees, jumping 43%. At the same time, newer and smaller chains stood out with wild percentage swings. Bitlayer skyrocketed 258% in active addresses and notched a 26% gain in transactions, even as fees dropped 25%.
Hyperliquid’s HyperEVM also grew by 29% in addresses, though transaction counts fell 38%, with fees up 13%. Avalanche had a rough month on users, slipping 51%, but Avalanche transaction activity ballooned 135% and fees rose roughly 18% during the same timeframe.
Overall, the data paints a mixed picture: legacy giants like Tron, Ethereum, and Bitcoin saw traction, while Solana’s base remained massive despite the decline, and newer entrants like Bitlayer and HyperEVM swung dramatically. Activity is very much alive across the board, but the leaders vary depending on whether you measure by wallets, transactions, or fee generation.
