Daily Transactions and Unique Addresses

    Q4. How many addresses on the MATIC network are active? What’s the daily evolution of active addresses? Is the activeness related some how to the price? Hint: Active address is an address that has done at least one transaction or has received at least once a token in the past 3 months. medium

    How to find unqie addresses on the MATIC network?

    I pick both from_address and to_address in a transaction and consider these addresses as active addresses.

    What’s the daily growth of unique addresses?

    Looking at the chart, we can see that the number of unique addresses on Polygon witnessed a significant growth since Jul 5 when the number skyrocketed from 55K to 388K on Jul 6, a 7.2x growth in just one day. This number continued to grow and reached a peak at 431K on Jul 10, 2022

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    What’s the daily growth of transactions?

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    Looking at the chart, we can see that the number of transactions on Polygon witnessed a significant growth since Jul 5 when the number skyrocketed from 140674 to over 2.7 millions on Jul 6, a 19x growth in just one day.

    However, the number can’t keep the trend and started to decline since July 9, 2022 and reached a bottom at 1.2 millions transactions on July 11, 2022

    Conclusion

    To sum up, there’s a lot of space for Polygon to grow since the users didn’t lose interest in this platform. Both the number of unique wallets and the number of transactions had grown sharply in just a few days and maintained at a high level over the following period.