Daily Transactions and Unique Addresses

    daily transactions and unique addresses on Polygon

    Introduction

    Polygon is a scalable protocol that is launched in parallel with Ethereum and is connected to Ethereum with a bridge. Therefore, unlike Ethereum, which is a layer 1 blockchain, Polygon is considered a layer 2 protocol. MATIC is a native token of Polygan network and an ERC20 token. Polygon was created to take congestion off the Ethereum network and thus reduce fees. This protocol is a scalable "layer 2" or "sidechain" solution that enables fast transactions with low fees.

    Method

    1. I used polygon.core.fact_transactions for all the process in this analyze divided the data to 2 sections : Total and daily

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    2. the start date of this analyze is 2022-07-01

    Questions

    1. what is a number of daily transactions and unique addresses on Polygon, beginning July 1, 2022.
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    Info about this graph:

    1. the ATH of daily count of transaction since Jul 1, 2022 is 2.828M TX on Jul 5, 2022

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    2. there is drop on Jul 9th & 10th and count of TX reached 2.160M TX

    Info about this graph:

    1. the ATH of daily unique address since Jul 1, 2022 is 214.54K Address on Jul 11, 2022

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    2. we can see an increase in amount of unique addresses in the last 2 days

    Info about this graph:

    1. the ATH of spent FEE since Jul 1, 2022 is 68.45K Matic on Jul 1, 2022

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    2. we can see and continues decrease in amount of fee after start of the month

    Conclusion

    the growth of polygon network for now reached plateau, but also there are no evidence of decreasing in the stats of polygon network also, and we can conclude that with improving on condition of market we can see the growing in polygon again

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    Info about these numbers :

    1. these numbers and data are for polygon and since 2022-07-01