Internet Computer Beats Solana and BNB Chain in 30-Day Activity Race

Internet Computer (ICP) led every major blockchain in transaction volume over the past 30 days. 

Its volume reached roughly 6.5 billion on the Chainspect rankings dated May 24. 

Follow us on X to get the latest news as it happens

The figure more than doubled Solana’s count of 2.9 billion. Fogo, BNB Chain, and TRON rounded out the top five on the same chart. Each network posted under 500 million transactions, leaving ICP and Solana alone at the top of the activity rankings.

This highlights strong network activity. Internet Computer splits its workload across more than 49 subnets. Each subnet runs an independent consensus, allowing the chain to scale horizontally instead of through a single execution layer.

Chainspect data shows ICP has processed 287 billion transactions since its May 2021 launch. The network currently processes 2,891 transactions per second, with 10.4 million in the past hour alone.

Despite the strong network activity, the price has faced headwinds. ICP token surged nearly 49% in early May. However, the altcoin has given up most of its gains, dropping over 28% since May 9.

At press time, ICP traded at $2.57, down 0.55% over the past day. The volume surge points to network health, but it has not yet sparked a meaningful price recovery. Whether the gap closes anytime soon remains an open question.

Subscribe to our YouTube channel to watch leaders and journalists provide expert insights