Observations

- We see that the higher the TPS/daily transactions achieved...The higher the contribution of top N wallets on that chain for that day.
- Solana ends up with the vast majority of its daily txns being done by just the top 100 or so many wallets...Followed by Optimism and then finally Arbitrum with the least bad ratio among the three.

Path Forward

- As analysts that want their counts to have quality instead of quantity/noise... We need to move past just daily transactions...
- We should only be concerned with daily active users and even amongst the users the various types of users based on the daily transaction frequency! - The communities should strive to arrive at a better/more sensible metric!

Transaction Counts - A Closer Look