Blockchain On-Chain Metrics: Ethereum, Bitcoin, Solana, BSC, Tron & Base Weekly Report (April 27 – May 03, 2026)

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• Ethereum TVL ranged between $44.679B and $46.038B during the period.
• Solana DEX volume peaked at $2.229B on April 28.
• BNB Chain recorded up to 15.59M daily transactions.
• TRON fees declined from $1.09M to $672K by May 3.
• Bitcoin TVL fluctuated between $5.065B and $5.252B.
• Base active addresses reached 513,616 on April 30.

Ethereum

Ethereum experienced a week of mixed but stabilizing on-chain activity, with total value locked (TVL) initially declining from $46.03B to $44.67B before recovering to $45.74B by May 3, signaling a gradual return of capital into the ecosystem. Network fees showed a consistent downward trajectory, falling from $1.77M to below $500K, indicating reduced congestion and softer transaction demand. Decentralized exchange (DEX) volumes remained highly volatile, peaking early in the week at $1.66B before dropping significantly below $700M, reflecting weakening spot market participation. Despite this, perpetual trading volumes remained relatively stable between $1.09B and $1.47B, highlighting sustained interest in leveraged trading. Token market capitalization followed a similar pattern, declining mid-week before rebounding toward $279B, while active addresses fluctuated sharply, with a notable spike followed by a decline, suggesting episodic bursts of user engagement rather than sustained growth.

Solana

Solana’s on-chain performance reflected a cooling trend throughout the week, as TVL gradually declined from $5.57B to $5.41B before stabilizing and slightly recovering to $5.44B, indicating modest capital outflows followed by consolidation. Network fees also trended downward, dropping from a peak of $640K to approximately $421K, signaling reduced transactional intensity. DEX trading volumes demonstrated significant volatility, surging to $2.22B early in the week before falling sharply to $568M by the end of the period, pointing to a slowdown in trading activity. Perpetual volumes were highly inconsistent, declining from over $1.1B to below $300M before partially rebounding, suggesting fluctuating derivatives demand. Meanwhile, Solana’s token market capitalization experienced a gradual decline before showing slight recovery, ending near $48.59B, reflecting cautious but stabilizing investor sentiment.

BSC Chain

BSC Chain maintained a relatively stable and high-activity environment throughout the week, with TVL consistently ranging between $5.44B and $5.58B, indicating steady liquidity retention. DEX trading volumes remained robust and showed an upward trend toward the end of the week, reaching $746M, highlighting strong retail participation and active trading behavior. Perpetual volumes remained stable within the $250M to $270M range, suggesting consistent derivatives usage without major volatility. Notably, BSC continued to dominate in user engagement metrics, with active addresses ranging between 2.4 million and 3.49 million, far exceeding other networks. Additionally, daily transaction counts remained exceptionally high, averaging between 14 million and 15 million transactions, reinforcing BSC’s position as one of the most utilized high-throughput blockchain networks.

TRON

TRON demonstrated stable yet gradually softening network activity over the observed period, with TVL remaining within a narrow range of $5.03B to $5.11B, reflecting consistent capital allocation across the network. Chain fees showed a steady decline from $1.03M to approximately $672K, indicating reduced transaction intensity or improved cost efficiency. DEX volumes remained relatively low compared to other major chains but showed a late-week increase, rising from $41M to $90M, suggesting a modest resurgence in trading activity. Perpetual trading volumes were volatile, fluctuating between $100M and $195M, highlighting inconsistent derivatives participation. Overall, TRON maintained a stable baseline of activity with minor improvements toward the end of the week.

Bitcoin

Bitcoin’s on-chain DeFi-related metrics reflected a modest recovery following early-week declines, as TVL dropped from $5.25B to $5.06B before rebounding to $5.24B by May 3, indicating resilience and renewed capital inflows. However, DEX trading activity remained extremely limited compared to other blockchain ecosystems, with volumes largely staying below $1M, underscoring Bitcoin’s relatively underdeveloped DeFi landscape. Despite this, there were signs of improving activity toward the end of the week, with both TVL and trading volumes showing upward movement, suggesting a gradual increase in engagement within the Bitcoin ecosystem.

Base

Base maintained a relatively stable total value locked (TVL) throughout the observed period, despite short-term fluctuations in market activity. The network’s TVL gradually declined from $4.431 billion on April 27 to a weekly low of $4.346 billion on April 30. However, Base quickly recovered momentum in early May, with TVL climbing to $4.528 billion by May 3. DEX trading volumes remained highly active during the week, peaking at over $942 million on April 29. Perpetual trading activity slowed compared to late April, though on-chain participation continued to remain healthy overall. Active addresses consistently stayed above 389,000 daily users, reflecting sustained ecosystem engagement across decentralized applications. The strong rebound in TVL and steady user activity suggest improving confidence and liquidity conditions within the Base ecosystem.

During this week, Ethereum maintained dominance in liquidity and derivatives, while BNB Chain led in user activity and transaction volume. Solana showed declining momentum after strong early-week performance, and Base continued to grow rapidly as a Layer 2 solution. Meanwhile, TRON remained stable with utility-driven usage, and Bitcoin saw gradual but steady DeFi expansion.

April 2026 showcased a dynamic shift in blockchain ecosystems, with Ethereum starting strong above $54B TVL before declining toward month-end despite rising fees and sustained trading activity. Solana maintained relative stability throughout the month, holding TVL between ~$5.3B–$6.0B while continuing to show strong DEX and derivatives activity. BSC continued to dominate in user activity, with consistently high transactions and active addresses, reinforcing its strength in retail-driven adoption. TRON showed steady growth with stable TVL and strong fee generation, indicating consistent network usage primarily driven by payments and transfers. Meanwhile, Bitcoin and Base recorded gradual ecosystem expansion, with rising TVL and increasing on-chain activity, highlighting their growing role in the broader DeFi landscape.