How are the layer one smart contract platforms doing in the bear? 
2021 was immensely positive for the L1 smart chains and new ones kept emerging. A lot of them are EVM (Ethereum Virtual Machine) compatible and users can switch between them using the same wallet as Metamask. Some are unique and have their own wallets like Solana, Cardano etc.

Let’s see how are things standing during the current market conditions.



![1.png](https://files.peakd.com/file/peakd-hive/dalz/23u5ZPpnqxTJnPkoQ9b63c17Y934qui6aHh5dNLYef3B7hehuLoCTbPtGkSdyiXLfg5Kw.png)
 



We will be looking at:
-	Number of Addresses
-	Active Addresses
-	Daily Transactions
-	Fees
-	Contracts

The period that we will be looking is the latest data from August 2022.

We will be looking into the following blockchains:
-	Ethereum
-	BSC
-	Solana
-	Cardano
-	Avalanche
-	Polygon
-	Fantom

The data for the chains will be extracted from their blockexplorers or some other data providers.

## Number Of Addresses
One of the key metrics for crypto projects is the number of wallets. 
Here is the chart.

 


![image001.png](https://files.peakd.com/file/peakd-hive/dalz/23tv8nfkDVgSEe1GoUKmKN1baQ3N3PWsV5dyRLYLPuL2LHiSDqF7fbeqX9X6xjgRjpuKR.png)




Ethereum is on the first spot here with more than **200M** wallets!
The Binance Smart Chain BSC is on the second spot with 180M wallets. Polygon is third with 160M wallets. All the other blockchains have significantly less wallets. Avalanche is on the bottom spot here. 

*Note that the Solana data is approximate*.

Ethereum is on the number spot in terms of wallets in the whole crypto industry. What’s interesting is that BSC and Polygon has grown a lot as well, with BSC having 90% of the ETH wallets. 

Another thing to note in this data is that from the previous [post](https://peakd.com/hive-167922/@dalz/ranking-the-top-smart-contract-chains-by-different-metrics-or-wallets-transactions-fees-and-contracts), Terra is no longer in the top smart contract chains. 
 

## Active Addresses

What’s more interesting in times like this is how many wallets are transacting. How many of those addresses are actually active?

![image003.png](https://files.peakd.com/file/peakd-hive/dalz/23tbKBJhXnRhgCJrcenXhrYQ8F58CWJqJapBUsomGbZW9qQu9Ww55ttVMyLuMWgTGazpb.png)

BSC is on the top here with 900k active daily wallets.
Ethereum comes second with around 500k DAUs in the last period, followed by Polygon. 



## Daily Transactions

The activity on the networks is mostly represented by the number of daily transactions. Here is the chart. 



![image005.png](https://files.peakd.com/file/peakd-hive/dalz/23tbK727jK3PAHSYLjYCRnFXxmpfr4tS63xdxkgeEeeJf6YV6kPcqZtSPAV4E5iPdH3UB.png)

 


Solana is holding the number one spot by far here. It has around 40M daily tx in the recent period. That is what the blockchain is know for. Its speed. 
BSC is on the second spot with around 3.5M transactions, followed by Polygon. 


## Fees
Fees are quite the unpopular topic and one of the main reasons for the new EVM chains, as users are trying to find a way to escape ETH high fees. 

Here is the chart.

 


![image007.png](https://files.peakd.com/file/peakd-hive/dalz/Eo1vWZZA8NJUCC3CxsBAxy6z9JYCuuw2YdsJ9Q8SshbH35RQQ1xamXHJa3hZf4ZJQ9X.png)



The fees here are in dollars. 
While ETH is on the top here, these fees are nothing compared to the fees in the bull run. At times ETH fees were going up to 200$ per transaction especially if it was a smart contract transaction. 
The other blockchains now have low fees, with BSC at 3 cents, Polygon fees are on the fourth decimal, and Solana is even cheaper. 


## Contracts

These three are smart contract platforms so here is the chart for verified contracts per day. 

 


![image009.png](https://files.peakd.com/file/peakd-hive/dalz/Eo8KCebQ1N3kXBdVTvW4uiJfAMJqaab2z2JTBMhFneoLQ8oo9Q2spo4d14hGqXH4Nb6.png)


 
BSC is on the top here with 1200 contracts per day. Ethereum is on the second spot with 500, followed by Polygon. 

*There is no data for Solana and Terra to compare against.*


-----

Overall, it seems that **the trio Ethereum, BSC and Polygon** still has some activity, usage and volume, while the others have dropped significantly. Solana leads in terms of transactions per day and super low fees, but in terms of active wallets it is still lagging behind. This said it should be noted that the chain has been gaining wallets in the recent period. 

This is the current situation, and it has been changing from time to time. 
In terms of market cap Ethereum is still the king here, but obviously there is a lot of competition now, from EVM chains but from other smart contract chains. Will see how will the merge goes on and how will the post merge era affects all the above. 

All the best
@dalz