Blockchain Projects by Active Addresses: Top 5 to Watch

UXLINK recorded a massive surge of 1927% in daily active addresses in the past week.
Satoshi Airlines (JET) and Onyxcoin (XCN) followed UXLINK with 650% and 600% surges, respectively.
Tornado Cash (TORN) recorded a 435% increase while its price soared 77.26%.

UXLINK (UXLINK), a Web3 social platform, has seen the highest growth in active addresses over the past week, topping the list of blockchain protocols. Satoshi Airline (JET) and Onyx Protocol (XCN) take second and third place, respectively, while dKargo (DKA) and Tornado Cash (TORN) round out the top five.

Blockchain analysis platform Santiment reported on X (formerly Twitter) that UXLINK witnessed a staggering 1927% surge in daily active addresses in the past week. Satoshi Airline saw a 650% increase, and Onyxcoin (XCN) active addresses jumped by 600.66%. dKargo also showed significant growth with a 589% rise. Tornado Cash saw its daily active addresses climb by 435% during the same period.

Santiment’s list also includes Dogecoin Mars (ELON), WAX (WAXP), OKB (OKB), Virtua (TVK), and Spell Token (SPELL). These projects saw their active addresses increase by 393.67%, 350%, 268.77%, 165.48%, and 154.59%, respectively, over the last seven days.

Santiment encouraged investors to “monitor networks with high increases” in daily active addresses. These surges often precede significant gains in valuation. Keeping an eye on these cryptocurrencies can be a smart strategy as holders accumulate more tokens.

Altcoins on a Bullish Path?

Defying market odds, UXLINK has soared by 5.83% in the past 24 hours. It currently trades at $0.874, marking a 167.81% increase this year. The altcoin hit an all-time high of $3.75 just a month ago but has since retreated by 76.63%. Meanwhile, JET is up 117.84% over the past year. Onyxcoin has also outperformed its peers, surging 260.62% in the last seven days alone, according to CoinMarketCap data.

TORN has shown remarkable momentum, climbing 77.26% in the past 24 hours to reach $15.97 at the time of writing. While it’s down 96.35% from its all-time high of $437.41, it’s rapidly gaining ground.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.