Growth and milestones across 35+ blockchains, from Ethereum L2s to emerging L1s.
Summary
The 2025 Multichain Report provides a comprehensive snapshot of how the onchain ecosystem matured across more than 100 blockchains in 2025 — from payments and stablecoins to RWAs, onchain income, gaming, AI, and institutional finance. Produced by Dune, the report aggregates verified onchain data, ecosystem milestones, and forward-looking priorities across leading Layer 1s, Layer 2s, and application-specific chains.
Rather than focusing on hype cycles, the report highlights where real usage, liquidity, and revenue are emerging — and how different networks are positioning themselves for institutional adoption, consumer scale, and regulated onchain finance heading into 2026.
Inside the report
- How multichain adoption accelerated in 2025, with over 100 networks tracked and comparable onchain metrics across ecosystems
- Where real economic activity is happening — including stablecoin payments, RWAs, onchain credit, trading, gaming, and AI-driven use cases
- Network-by-network insights covering adoption, TVL, transaction growth, ecosystem milestones, and revenue generation
- What leading chains are prioritising for 2026 — from institutional-grade RWAs and payments rails to scaling onchain income and capital markets
Download the full report
Credit: Dune.com