Polygon is still growing...

More than 48 projects previously on the Terra network have begun migrating to Polygon almost two months after the Terra network collapsed following the implosion of terraUSD (UST).

The fact that most of the projects that were active on the Terra blockchain decided to migrate to Polygan after the crash of this blockchain means that yes, Polygan is still growing. Not only is it growing, but it has been a safe platform for these projects that decided to migrate to this blockchain.

Method

In order to have a standard to compare the number of transactions in July, we have shown the results from the beginning of June. Of course, the results were not recorded in ==polygon.core.fact_transactions== Table before June. Using this table, we have drawn both the number of daily transactions and unique addresses per day.

This chart shows the number of transactions that have been recorded in the Polygon blockchain every day since the beginning of June.

The above graph shows the number of unique addresses every day that have registered at least one transaction on the Polygon blockchain that day.

Conclusion

From the number of transactions recorded every day as well as the active addresses, it can be concluded that the trend of these two graphs has been constant not only in July but also since the previous month. But does this mean that Polygon does not grow? According to the explanations we provided at the beginning of the dashboard, the most important parameter that confirms that Polygon is still growing is the trust of projects that have transferred their technology to this blockchain. In addition, the stability in the number of transactions and active users every day means that Polygon blockchain has its regular users and has been able to gain their trust in this network, which is considered the biggest asset for a blockchain.