Accelerating Consolidation in the Blockchain Market
The table below shows data for selected major chains, demonstrating their steady growth. When this analysis includes emerging and lower-tier chains, it becomes clear that market consolidation is rapidly accelerating.
While top-tier chains continue to grow steadily, many emerging chains face challenging conditions. The following chains are representative examples struggling with user acquisition:
Berachain
Blast
Linea
Scroll
Behind this phenomenon lies a powerful network effect. Popular chains attract even more users and projects, while unpopular chains fall into a vicious cycle of continuously losing liquidity and users. According to AI predictions, this trend is expected to continue through 2026.
Next year is anticipated to mark the beginning of full-scale stablecoin adoption. As a result, top-tier chains with proven stablecoin circulation track records are likely to receive even greater spotlight.