This report focuses on the evolving multi-chain ecosystem, comparing major smart contract platforms and Bitcoin as a macro benchmark.
Ethereum: TVL Leader but Declining User ActivityEthereum maintained its position as the dominant blockchain in TVL, averaging
$55.36 billion. However, the network saw a decline from
$56.81B to $54.40B (-4.2%) during the week.
More significantly, active addresses dropped sharply from
956K to 549K (-42.5%), signaling weaker short-term user engagement.
Despite this, Ethereum’s DEX volume remained relatively stable:
• Average daily volume:
$1.78B• Peak:
$2.20B on Feb 11
Solana: Clear Leader in DEX and ThroughputSolana dominated decentralized trading activity with an average daily DEX volume of
$3.21B, outperforming all major competitors.
Key highlights:
• TVL remained stable around
$6.45B• Transactions:
74M – 89M per day• Active users:
2.1M – 2.8MBSC: Stable Growth with Declining DEX VolumeBinance Smart Chain showed steady TVL growth:
• Increased from
$5.54B to $5.76BHowever, DEX volume declined:
• From
$1.44B to
$503MThe network maintained strong daily activity:
• Active users:
2.5M – 3.2M• Transactions:
14M – 17MBitcoin: Store of Value and Settlement LayerHighlights:
• Average TVL:
$5.17B• Market cap:
$1.32T – $1.41T• Active addresses:
583K – 684KTron: Stablecoin DominanceTron’s biggest strength was its massive stablecoin ecosystem:
• Stablecoin market cap:
$84.7B+Other metrics:
• TVL:
~$4.05B• Active users:
3.3M – 3.6M• Transactions:
10M+ dailyBase: Fast-Growing Ethereum Layer-2Base continued to grow steadily:
• TVL:
~$3.9B• DEX volume:
~$770M daily• Active users:
332K – 468KData Based from:
https://cryip.co/blockchain-on-chain-metrics-weekly-report-feb09-feb15-2026
