PANews reported on May 9 that Gate Research Institute released the latest report "Web3 Chain Data Interpretation", which comprehensively sorted out the dynamics of the Web3 chain ecology in April. The data showed that the chain ecology was clearly differentiated: Solana topped the list with an average of more than 93 million transactions per day, showing strong activity; Ethereum achieved a net inflow of US$904 million in a single month, ranking first in the entire network. The market generally believes that this is related to the rising expectations of ETFs. The performance of Bitcoin on the chain also sends positive signals: large holders holding more than 10,000 BTC continue to increase their holdings, UTXO net growth has turned from negative to positive, and the activity on the chain has gradually recovered.
In addition, among the popular projects, Raydium, the leading decentralized exchange in the Solana ecosystem, launched the token issuance platform LaunchLab, which quickly attracted creators and further enriched the types of assets on the chain. The platform created a total of 25,207 tokens, with a graduation rate of about 0.84%. The political meme coin $TRUMP soared by more than 50% in the short term thanks to offline topics and community incentives, and the number of coin holders surged. Its issuance team has accumulated more than US$320 million in revenue through transaction fees.
Overall, on-chain activity and capital flows have rebounded simultaneously. Coupled with the recovery of market sentiment and increased risk appetite, the on-chain performance of mainstream assets and popular protocols deserves continued attention.
