Monad emerges as fastest growing blockchain with 59% weekly jump

Analytics platform Nansen showed that activity on the Monad network has increased dramatically, making it the fastest growing of the week. Based on recently published metrics, Monad experienced a significant 59% increase in active users over the past 7 days. This equates to 529,928 newly active wallets in one week.

The information, published on Nansen’s analytics dashboard and mentioned in social media posts, describes a series of strong signs pointing to further growth in adoption and increased attention from developed market players. Nansen explains that these developments are seen as bullish signs, citing an explosive growth in users, an increase in trading activity, and a significant increase in smart money inflows.

User growth leads all major chains

The most important metric in the weekly report is the growth of Monad’s user base. With a 59% increase in active users, the network ranks first among major blockchains in short-term growth. This accelerated movement aims for more developer activity, more app users, and awareness of what the chain can do.

Such dramatic growth in wallet creation and interaction is often perceived as an early sign of network momentum and may establish the foundation for ecosystem growth over time.

Number of transactions rises to 14.5 million

There has also been a significant increase in transaction volume on Monad, related to wallet activity. The network saw 14.5 million transactions, 18% more than last week. Nansen views this as the use of real, organic networks, rather than the use of speculative or dormant networks.

The increase in users and transactions means that new actors are not just entering the ecosystem, but are actually participating in the activity of the applications, services, or on-chain assets of the network.

Smart money shows confidence with $1.2 million inflow

The persistence of MON (the network’s native token) in the hands of smart money wallets remains one of the strongest indicators in Nansen’s analysis. The chain has had $1.2 million in net inflows from sophisticated investors and high-conviction traders over the past 30 days.

Digital assets monitor smart money movements with their predictive power. These investors typically do more research, hedge against upcoming trends, and take a disciplined allocation approach. Their interest in Monad presupposes their growing faith in the network’s potential.

Positive net inflows into major assets

Other capital inflows into the Monad network such as USDC, WETH, and WBTC are also highlighted in the Nansen report. Ecosystem expansion through positive net flows into large-scale stablecoins and blue-chip crypto assets, which is often accompanied by ecosystem expansion, is a sign of increased liquidity and trade utility.

outlook

Although the overall market remains sensitive to the macroeconomic environment, Monad’s rapid growth will make it stand out in the blockchain market. Further adoption of smart money, increased transaction rates, and expanded engagement could further establish the network as an emerging player in the industry.