Ethereum Leads 7-Day Net Flows with $140M+

Key Points

• Ethereum is the number 1 chain in net flows over the past week, leading with $140.4 million.
• Coinbase’s L2 Base ranks second with $137.1 million in net flows.
• Solana secures the third position with $60 million in net flows.

In this article, we explore the latest data from Artemis Terminal, which shows Ethereum’s dominance, followed by Coinbase’s Base and Solana, and take a deeper look at their performance over the past seven days.

Ethereum – No.1 Chain in Net Flows

Ethereum continues to maintain its leadership in the blockchain space, recording impressive net flows. According to Artemis, Ethereum secured the first position in net flows during the past week with a total of $140.4 million.

The data reveals that Ethereum experienced $1 billion in inflows and $879 million in outflows during the last seven days. This resulted in a net inflow of $140.4 million, making it the top-performing chain for the week.

Coinbase’s L2 Base Takes Second Place

Coinbase’s Layer-2 network, Base, ranked second with a net flow of $137.1 million. The blockchain saw $268.8 million in inflows and $131.7 million in outflows during the past week, according to Artemis’ report.

Base’s strong performance highlights its growing importance in the Ethereum ecosystem, providing a scalable solution for decentralized applications (dApps) and improving transaction efficiency on the Ethereum network.

Solana Secures Third Spot with Strong Inflows

Solana came in third with $60 million in net flows. Solana experienced a significant $145.8 million in inflows during the past week, with $85.8 million in outflows, according to Artemis data.

Known for its high transaction speeds and low fees, Solana continues to be a leading blockchain platform for decentralized applications, NFTs, and DeFi projects. Despite some market fluctuations, it remains a top contender in the crypto space.

Other Notable Chains: Polygon PoS and zkSync Era

In the fourth position, Polygon PoS recorded net flows of $57.4 million, while zkSync Era followed closely with nearly $37 million in 7-day net flows.

The strong performance of these chains further indicates the growing demand for scalable and efficient blockchain solutions, with multiple platforms competing for a share of the market.

Ethereum 7-Day Fundamentals

Ethereum’s fundamentals also show strong growth. On January 9, Ethereum recorded 396,500 daily active addresses. The network saw its peak for the week on January 3, with 412,000 active addresses.

Ethereum’s fee generation has been impressive as well. On January 3, the network generated $5.5 million in fees and $4.2 million in revenue. On January 9, Ethereum processed 1.2 million transactions, generating $3.6 million in fees and $2.5 million in revenue.

These figures indicate a robust and active ecosystem, making Ethereum one of the most influential blockchains in the market.

Ethereum Price Update

As of the latest data, Ethereum’s price stands at $3,300. This reflects its continued dominance and growth within the crypto market, with strong support from both institutional and retail investors.

Conclusion

Ethereum’s leadership in net flows over the past week underscores its continued dominance in the blockchain space. With significant inflows, followed by Coinbase’s Base and Solana, these platforms are poised to capitalize on the growing demand for decentralized applications and efficient blockchain solutions.

As the market evolves, Ethereum, Base, and Solana will likely continue to play key roles in shaping the future of decentralized finance and blockchain technology.