What is NEAR?

“NEAR is poised to be a leading smart contract blockchain platform, combining first-rate technology with a fast-growing developer ecosystem. We’re excited to support NEAR as we ramp up our investments in the digital asset space.” - John Curtius

What is Ethereum?

Ethereum is a technology that's home to digital money, global payments, and applications. The community has built a booming digital economy, bold new ways for creators to earn online, and so much more. - Ethereum Foundation

The citizens of NEAR and Ethereum (active users)

Because there are different sorts of users, we will define active users each day as the number of people that sent transactions that day to make it easier to interpret and integrate with other occurrences.

After the middle of September 2022, the number of daily active users increases considerably. NEAR's daily active users have climbed from roughly 3% of Ethereum to around 30%. This is a really positive indicator for NEAR because it launched many years after Ethereum and will most likely catch up to it in the future.

The citizens moving to NEAR and Ethereum (new users)

In this part, we will look at the new users on each chain (the users who are sending their first transaction on each chain).

We can observe that the surge around the middle of September 2022 is nearly identical to the spike in daily active users. However, the gap is substantially smaller when we look at total users and new users over the last 90 days, indicating that while the number of users on Ethereum is still far greater, the growth rate of new users on NEAR is still greater].

Are the cities growing? (Number of transactions, destinations, total generated fees, and average generated fees in USD)

In this section, we are going into look into difference metrics during this past 90 days that can determined the health of each city which are

• Number of transactions - The number of transactions is directly mean how active each blockchain are. More number of transactions can roughly show how the blockchain are being used by a lot of people.
• Number of destinations - Even though the destinations can be normal wallets, it also show the trend of how smart contact has been deployed which mean that they are more people developing their Dapps on each blockchain.
• Generated fees - To keep running and improving the cities, the people or platforms will have to pay the transaction fees to them which can estimate how much the governors earned and probably used to fund the city development.

Who is the top tax payers?

In this part, we will look at the top ten wallets that paid the most transaction fees on each network.