Taraxa Blockchain Sees Growth in Active Wallets and Adoption

August 22, 2025 – Taraxa, a Proof-of-Stake (PoS) Layer-1 blockchain with blockDAG and EVM compatibility, has reported a staggering 30-fold increase in its 30-day active wallets count, reaching 345,749 in just 28 days. This surge, coupled with a rapidly expanding ecosystem of decentralized applications (dApps), positions Taraxa as a rising star in the Web3 space.

The platform’s unique architecture, capable of handling over 5,000 transactions per second (TPS) with near-zero fees, is attracting developers and users alike. This signals both robust adoption and potential long-term impact for the network.

Unprecedented Taraxa Wallets Growth Signals Strong User Adoption

Taraxa’s on-chain activity has skyrocketed. In less than a month, its 30-day active wallet count jumped from around 11,500 to 345,749, a more than 30x increase.

The network has also proven its scalability, processing over 8.8 million transactions in a single day on August 21, 2025. This growth is being fueled by integrations with major projects such as:

• World of Dypians, a Web3 gaming platform with 120 million users
• taraSwap, a decentralized exchange with $1.28 million in TVL
• TrendMoon, a social analytics platform for Web3 projects

These partnerships highlight Taraxa’s appeal across gaming, DeFi, and social AI, broadening its use cases and adoption.

What This Means for Crypto

Taraxa’s rise reflects the broader demand for scalable and cost-efficient Layer-1 blockchains. With blockDAG at its core, Taraxa addresses common bottlenecks of older chains like Ethereum, offering faster, cheaper, and more developer-friendly infrastructure.

Its EVM compatibility makes it easy for developers to migrate and deploy dApps, opening opportunities across DeFi, gaming, and social analytics. The momentum Taraxa is generating underscores a growing industry trend: projects with strong real-world utility and efficient infrastructure are gaining traction in 2025.

What It Means for Taraxa in the Long Run

For Taraxa itself, this milestone provides a solid foundation for sustained growth. The influx of dApps such as taraSwap, TrendMoon, and upcoming projects like Perpetua and Taraxa Naming Service show that its ecosystem is rapidly maturing.

With a $10 million grant program and planned upgrades including liquid staking and post-quantum cryptography in 2025, Taraxa is well-positioned to attract both developers and users.

Challenges remain, especially competition from other Layer-1 chains and the volatility of crypto markets. But if Taraxa continues delivering on its roadmap, its $12 million market cap could expand significantly, cementing its position as one of the fastest-growing blockchains in the industry.

Do you want to read and know more about Altcoins? Check out our Altcoin Arena for sentiment analysis, latest updates, community reactions, price predictions and project reviews on the best altcoins in crypto.