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BOBA Network: A Year in Review
Flipside AI
Boba Network Dashboard Analysis
Network Overview
Boba Network demonstrates a moderate to robust blockchain ecosystem with several key characteristics:
User Activity
- Daily Active Users: Average of 203 users per day
- Monthly Active Users: Approximately 1,786 users
- Unique Users: 16,700 total users over the past year
Transaction Dynamics
The network shows significant transaction activity:
- Daily Transactions: Average of 39,067 per day
- Weekly Transactions: 269,044 transactions
- Monthly Transactions: 1,096,873 transactions
- Total Annual Transactions: 14,259,350 transactions
Key Performance Indicators
- Transaction Success Rate: Consistently high, around 95-99%
- Peak Daily Transactions: Up to 63,465
- Network Fees: Accumulated 23.05 ETH over the past year
User Engagement Insights
User retention presents a nuanced picture:
- Approximately 30-40% of users remain active after 30 days
- User Pyramid: Over 87% of users have performed 10 or fewer transactions
- Only 0.55% of users are considered "power users" with more than 50 transactions
Developer Ecosystem
- Contract Deployments: 1,655 total contracts in the past year
- Periodic deployment surges indicating development cycles
Performance Evolution
- Transactions Per Second (TPS) has shown significant transformation
- Network demonstrates resilience with ability to handle varying loads
Challenges and Opportunities
- Declining long-term user retention
- Potential for improving user engagement
- Opportunity to convert low-activity users to more engaged participants
The Boba Network shows promise with robust technical infrastructure but faces challenges in sustained user engagement and retention.
Boba Network Dashboard Analysis
Network Overview
Boba Network demonstrates a moderate to robust blockchain ecosystem with several key characteristics:
User Activity
- Daily Active Users: Average of 203 users per day
- Monthly Active Users: Approximately 1,786 users
- Unique Users: 16,700 total users over the past year
Transaction Dynamics
The network shows significant transaction activity:
- Daily Transactions: Average of 39,067 per day
- Weekly Transactions: 269,044 transactions
- Monthly Transactions: 1,096,873 transactions
- Total Annual Transactions: 14,259,350 transactions
Key Performance Indicators
- Transaction Success Rate: Consistently high, around 95-99%
- Peak Daily Transactions: Up to 63,465
- Network Fees: Accumulated 23.05 ETH over the past year
User Engagement Insights
User retention presents a nuanced picture:
- Approximately 30-40% of users remain active after 30 days
- User Pyramid: Over 87% of users have performed 10 or fewer transactions
- Only 0.55% of users are considered "power users" with more than 50 transactions
Developer Ecosystem
- Contract Deployments: 1,655 total contracts in the past year
- Periodic deployment surges indicating development cycles
Performance Evolution
- Transactions Per Second (TPS) has shown significant transformation
- Network demonstrates resilience with ability to handle varying loads
Challenges and Opportunities
- Declining long-term user retention
- Potential for improving user engagement
- Opportunity to convert low-activity users to more engaged participants
The Boba Network shows promise with robust technical infrastructure but faces challenges in sustained user engagement and retention.
BOBA NETWORK
Boba Network is a layer-2 scaling solution that utilizes optimistic rollup technology to aim for improved blockchain communication. It is designed to be fully compatible with EVM-based tools and supports multiple chains including Avalanche, BNB, Moonbeam, and Fantom. This compatibility aims to facilitate quicker transactions and reduce fees compared to their respective layer-1 counterparts. Boba Network is powered by Hybrid Compute technology, which combines on-chain and off-chain computation to aim for enriched experiences for decentralized applications. The $BOBA token is used for governance within the Boba DAO, allowing token holders to submit proposals, vote, and delegate votes in accordance with the network's governance guidelines.