Introduction:

The Avalanche network, as one of the most advanced blockchains, constantly strives to attract new users to its ecosystem. Examining the behavior of new users can provide valuable insights into the factors that make the network appealing, as well as the most utilized protocols and assets. This dashboard offers an in-depth analysis of data related to new users, their first transactions, and how they interact with the network, providing a clear picture of how users enter the Avalanche ecosystem.

This dashboard helps you gain a deeper understanding of new user behavior and identifies the role of various parts of the Avalanche ecosystem, such as DeFi, NFTs, and asset transfers, in attracting new users.

Objectives:

1. Analyze New User Acquisition:

• Identify the number of new users over different time periods.

• Examine the factors that make the network appealing to new users.

2. Analyze Users' First Transactions:

• Identify the type of first transactions (e.g., participation in DeFi, NFT purchases, or asset transfers).

• Analyze the protocols and assets that new users interact with most frequently.

3. Analyze Transaction Volume:

• Review the dollar volume of transactions conducted by new users.

• Identify the protocols and assets that account for the majority of these transactions.

4. Provide Insights to Improve the Ecosystem:

• Identify the most attractive areas for new users to invest in and engage with.

• Provide key information to developers to design better protocols and services