World Chain, the dedicated Layer 2 scaling solution for the Worldcoin ecosystem, has posted a series of remarkable on-chain metrics recently. According to data from MarsBit, the network experienced a monthly increase of over 130%, alongside a 649% surge in active addresses. This growth is attributed to frequent interactions from Worldcoin’s millions of verified real-human users and the narrative surrounding artificial intelligence technology. As a result, World Chain has ascended to become the second-largest consumer of Ethereum blob space, highlighting its active usage of data availability.
However, beneath the surface of high user activity, the ecosystem remains underdeveloped. The total value locked (TVL) on World Chain is merely $40.42 million, and a vast majority of this is concentrated within a single decentralized finance protocol. Most funds are bridged to the network but remain idle or lightly utilized, failing to form a diverse economic landscape. The lack of a broad dApp ecosystem and limited economic depth suggest that World Chain is still in its early stages, with significant room for growth in building sustainable on-chain activity.