Polygon On-Chain Activity Lights Up: MATIC Reversal Incoming?

Quick Summary:

The unique number of active addresses can be considered the same as the unique number of users participating in network activities, so the value of this metric tells us about the amount of traffic that the blockchain is observing right now.

Polygon Active Addresses & Age Consumed Have Spiked Recently In a new post on X, the on-chain analytics firm Santiment discussed the latest trend in two MATIC indicators.

The first is the “Daily Active Addresses,” which tracks the total number of addresses participating in some kind of transaction activity on the network every day.

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Article Details

Author / Journalist: Keshav Verma

Category: Crypto

Markets: United KingdomIndiaJapan

Topics: Polygon Active Addresses Polygon Network Activtiy MATIC Polygon Rebound Polygon Polygon Reversal MATICUSD

Source Website Secure: Yes (HTTPS)

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-29 @ 18:30:05 (2 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 435 words

Reading Time: 3 minutes read

Sentences: 67 lines

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Copyright Owner: © NewsBTC

News ID: 22300736

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