Daily Transactions and Unique Addresses

    Objectives Of this dashboard:

    In this dashboard, we are going to find out the Count and plot the number of daily transactions and unique addresses on Polygon, beginning July 1, 2022.

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    What is Polygon?

    Polygon is a “layer two” or “sidechain” scaling solution that runs alongside the Ethereum blockchain — allowing for speedy transactions and low fees. MATIC is the network’s native cryptocurrency, which is used for fees, staking, and more. You can buy or sell MATIC via exchanges like Coinbase. 

    Analysis I:

    In the first analysis, we are going to find out Total Transaction Count on polygon beginning from July 1st, 2022

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    Analysis II:

    In the second analysis, we are going to find out Daily Transaction Count on polygon beginning from July 1st, 2022

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    In the above chart, we can observe daily transaction count on polygon beginning from July 1st, 2022. The highest transaction count was on July 8th, 2022 with a total of ~2.8M

    Analysis III:

    In the third analysis, we are going to find out Total transaction volume on polygon beginning from July 1st, 2022

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    Analysis IV:

    In the fourth analysis, we are going to find out Daily transaction volume on polygon beginning from July 1st, 2022

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    As we can observe in the above chart, the daily transaction volume on polygon beginning from July 1st, 2022. From July 1st to July 3rd there was no volume showing. We have found this information from flipside_prod_db.polygon.udm_events table.

    Analysis V:

    In the fifth analysis, we are going to find out Total Unique addresses(from_addresses) on Polygon beginning from July 1st, 2022

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    Analysis VI:

    In the sixth analysis, we are going to find out Unique addresses(from_address) on Polygon beginning from July 1st, 2022

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    In the above chart, we can observe daily unique addresses on polygon beginning from July 1st, 2022. The highest addresses was found on July 6th, with ~238k

    Analysis VII:

    In the seventh analysis, we are going to find out Total Unique addresses(to_addresses) on Polygon beginning from July 1st, 2022

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    Analysis VIII:

    In the eighth analysis, we are going to find out Daily Unique addresses(to_addresses) on Polygon beginning from July 1st, 2022

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    Analysis IX:

    In the ninth analysis, we are going to find out Polygon price beginning from July 1st, 2022

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    In the above analysis, we found out daily unique addresses (to_addresses) on polygon from beginning of July 1st, 2022. The highest was on July 7th, 2022 with ~93k.

    In the above chart, we can observe polygon price beginning from July 1st, 2022. This information we have obtained from flipside_prod_db.ethereum.token_prices_hourly by giving symbol as MATIC.

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    Conclusion:

    To conclude:

    From the above analysis, we found out daily transaction volume and unique addresses on the polygon.

    Discussion:

    As we can Observe from the above analyses, by charting daily transaction volume and charting the price. We can see the transaction volume and unique addresses were fluctuating, but the price has growth.