Altcoin Network Data Revealed: Bot Operations Are Doubted

Crypto data should be treated with skepticism

Although these figures indicate a growing ecosystem, it is important to remember that on-chain metrics should be evaluated carefully. Increases in transaction numbers and active address numbers may not always reflect real economic activity. Here are some points to consider:

Bot Activity and Airdrops: High transaction numbers and active addresses can sometimes be inflated by bot activity or airdrops. Such activities can mislead users into thinking they are truly participating. Meaningful Economic Activity: High transaction numbers do not always indicate meaningful economic activity. Promotional events or token distributions in particular can cause temporary activity spikes. The important thing is to observe whether this activity will continue after the airdrop. Sustainable Growth: Rapid growth can be exciting, but a balance of new users, retained users, and actively participating users must be achieved in order to create a sustainable ecosystem.

While blockchain data provides important information about the overall health of an ecosystem, this data does not always tell the full story. The true success of a blockchain should be measured not just by transaction volume, but by its ability to solve real-world problems, its ability to foster innovation, and its ability to create a sustainable ecosystem. Aptos’ development in this direction is worth following closely.