Daily Transactions and Unique Addresses

    Introduction

    Q1. Count and plot the number of daily transactions and unique addresses on Polygon, beginning July 1, 2022.

    In your estimation, discuss whether Polygon is still growing, has reached a plateau, etc.

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    Dashboard objectives:

    The aim of this analysis is to:

    • Comprehend the number of daily transactions carried out since July 1st on Polygon
    • Additionally, we will further explore the number of daily addresses during the same period of time
    • Once assessed previous objectives, we will proceed in the comprehension of the market dynamics and understanding if Polygon is growing or has flattened

    Analysis

    • Starting with the daily transactions, we can observe how volume has remained flat during the assessed period yet it seems that during the last 4 days it slightly decreased versus the previous days. Average volume ranged between 2.5Mn and 2.7Mn of transactions
      • July 5 outstood as the day with the greatest transaction volume, with 2.82Mn during this period
    • Similarly, focusing on the next graph, we observe how daily wallets showed a similar volume with ~220k wallets. In this case, it seems that wallets have slightly increase over the period assessed
      • Peak was achieved later than in transactions (July, 11), reaching 241k wallets
    • Finally, last graph plot a correlation between both KPIs (transactions and wallets). We can observe how all days there was a positive correlation between the number of wallets and the transaction volume

    Conclusions

    Analysis pointed out that:

    • Starting with transactions, we observed that volume has remained flat during the assessed period yet it seems that during the last 4 days it slightly decreased
    • On the contrary, it seems that wallets have slightly increase over the period assessed
    • Finally, with the correlation graph we certified that there was a positive correlation between the number of wallets and the transaction volume
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