Hello everyone! In today’s 100-day challenge in the crypto space, let’s talk about active addresses, a key indicator used to assess the activity level of blockchain networks. Active addresses help us determine whether a blockchain project is healthy and provide important clues about market sentiment and user participation. So, what are active addresses? What role do they play, and how can we apply them? Let’s learn together today!
The 'heartbeat index' of blockchain 💓
Imagine active addresses as the heartbeat of the blockchain network; by tracking the number of addresses participating in transactions daily, we can measure the overall health and activity level of the network. The more active addresses there are, the higher the user participation, indicating a healthier network.