Daily active addresses

What is “Daily active addresses”?

Indicator shows the number of addresses with at least one or more on-chain transaction(s) (on supported networks) in the last 24h.

Why is “Daily active addresses” important?

The number of active users in 24 hours shows the level of adoption and use of this cryptocurrency. If this indicator is growing, then this may mean an increase in value for users and, accordingly, the possibility of further growth in the price of the cryptocurrency. A drop in the indicator of active users may indicate a decrease in user interest in this project, and often a decline in price.