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    Monad Testnet Users Analysis

    hexagon

    Flipside AI

    Monad testnet demonstrates remarkable early-stage growth, with 527,558 total unique users and 45.7 million successful transactions in just 48 hours. The ecosystem shows diverse user engagement, with the Lil Chogstars NFT project leading at 163,924 unique users and 92,139 first-time contract interactions. Despite concentrated user activity (71.4% performing 1-2 transactions), the platform has deployed 100,730 smart contracts, indicating significant developer interest and potential for ecosystem expansion.

    Overview
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    Monad Testnet Users Analysis

    Monad released its testnet on February 19th and distributed testnet tokens to over 8,800,000 active Ethereum addresses the night before. The primary objective was to attract real users to its testnet.

    In this analysis, we will delve into the activities of Monad testnet users on the testnet and examine their historical activities on the top seven chains: Arbitrum, Avalanche, Optimism, Ethereum, Base, BSC, and Polygon.

    Users History
    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.