Analysis

The Active Users by User Activity Level section of the dashboard provides valuable insights into the changing trends of daily active users on the Avalanche blockchain over the past year. During this time, the daily active users experienced a drop from approximately 75,000 to a range between 25,000 and 50,000 users per day. Upon closer examination, the data reveals that the number of users who have made only one transaction on the blockchain has increased both nominally and as a percentage of active users. Recently, a significant influx of new active users has been observed, with these users primarily falling into the low activity level group. While the medium, high, and highly active user groups have seen a decline throughout the year, there have been instances of slight increases or plateauing in the number of active users in these groups. Notably, the active and highly active user groups, which comprise about 48,000 users in the past year, have accounted for an impressive 97% of all transactions on the network. This analysis suggests that while the overall daily active users have decreased, the core user base remains engaged and active, with new low-activity users joining the network. Understanding these trends can help developers, investors, and other stakeholders make informed decisions and adjust their strategies accordingly in the evolving Avalanche ecosystem.

Avalanche Active Users