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Despite the SEC's lawsuits, May was an incredible month for growth in the crypto market. Some people say we're in a bear market, but the numbers clearly say otherwise!

Here are the growth rates for some of the top 5 cryptocurrencies by market capitalization in May:

  • Solana: 86% to 9.5M Monthly Active Users
  • BNB Chain: 14% up to 12M MAU
  • Ethereum: -4% FALLING to 4.7M
  • Optimism: 22% 1M
  • TRON: 121%

These numbers show that the crypto market is still growing, even in the face of regulatory challenges. The long-term trend is still bullish.

At this rate - who do we see getting to 1BN Users First?


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Comments

Anonymous

For this chart alone Tron 😐

Anonymous

Whatever their differences, what BNB, Tron, & SOL have in common is they're inexpensive to transact on. ETH otoh is expensive to transact on ("fees" to the insiders).

Anonymous

Whoever tradfi decides to use.

Anonymous

Hey @james have you ever considered talking to CryptoCasey? I’ve been watching her on YouTube lately and really appreciating the content. She takes a similar approach, relaying facts and observations to assemble a larger story. And much of her focus is on macro and behind the scenes movements with a healthy dose of national and world government collusion and paranoia. I would love to see the two of you bounce ideas around. Thank you for considering!

Anonymous

The Best way for us to Defeat Gary is to continue moving forward and show the haters the truth, Crypto is happening and it's here to stay....great to see this data James....looks like the dip was a small detour and the space barely skipped a beat. 🚀 🚀 🚀

Anonymous

Good to know these unlicensed securities have had a lot of organic user growth.

Anonymous

Gary is also gone in 18 months which will also be 7 months after halving

Anonymous

I used sol & phantom wallet recently- .0.20 and Quick! 💨 #bestcheapestfastest

Anonymous

Soon it will only be a bad dream. 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🔥💃🔥💃🔥💃🔥💃🔥💃🔥😬🔥💃🔥🔥😬🔥😬🔥😬🔥😬🔥💃🔥😬🔥😬🔥😬🔥🔥😬🔥😬🔥😬🔥😬🔥😬🔥😬🔥💃🔥💃🔥🔥💃🔥💃🔥💃🔥💃🔥💃🔥💃🔥💃🔥🔥💃🔥💃🔥💃🔥💃🔥💃🔥💃🔥💃🔥🔥💃🔥💃🔥💃🔥💃🔥💃🔥💃🔥💃🔥💃🔥💃🔥💃🔥💃🔥🔥💃🔥💃🔥💃🔥💃🔥💃🔥💃🔥💃🔥💃🔥💃🔥💃🔥🔥💃🔥💃🔥💃🔥💃🔥💃🔥💃🔥💃🔥💃🔥🔥

Anonymous

Interesting to see that the Ethereum chain's "monthly active addresses by chain" is 13.3 Million/month which beats all other chains!!! ETH(4.7M)+MATIC(4.8M)+ARB(2.8M)+OP(1m)=13.3M

Anonymous

Ultrasound money, competing with BTC on a L2/PoS basis. I know a better place to invest 🔥💃 It's BTC/SOL from here. Jump all you want, eth is stuck in the mr. me too pitt. SOL will eat ETH DAU. 🚀🇳🇱🌞🚀💃🔥💃🔥💃🔥

Anonymous

Tron??? How? Lol. Ok, they got that CA thing going, but it seems so shady overall. (Sorry if it's your fave).

Anonymous

James could we get your view on TRON? Thx. Elisabeth

Anonymous

She has a video or 2 going after IA a little bit because IA gave one of her sponsors a pass in "should you use X wallet?" breakdown video. I watched it, looked at her kickback links and ads, made a pretty easy calculation of what was going on.

Anonymous

James, big fan. Watching for years now. I've been asking this question a bit so I hope you can answer as to why the DAU numbers are different between Nansen, Artemis and DefiLlama. As much as I love Solana it often doesn't have that great of numbers or TVL.