Second part of the Journey: The Capital
A thorough analysis on the state of Near's Capital.
Introduction
Travellers from all over the world come to explore the most famous sights of The City. Some may want to explore the historical landmarks, others might want to go shopping in one of the many malls. But there is one place that unites them all: The Capital.
The Capital of the famous City of Near is where you find most of its famous attractions, such as museums, theatres, parks and public spaces. It's also where you'll find many shops and restaurants that are open late into the night for those who have just arrived or are staying for a few days.
This dashboard will investigate the metaphorical Capital of Near, in other words, all of the important but more general metrics, which will ensure that you understand the network a little bit more, before we move on to the deeper dive into the rest of the Districts in the next steps of our journey.
In this dashboard, you will find the analysis of the following:
- Number of Transactions on Near (in a chosen period),
- Active Users on Near (in a c hosen period),
- Transaction Fees (in a chosen period) as well as some of the top contracts that generated the most fees,
- % Difference in Transactions and in Active Users, also in a chosen period of time,
- The number of Smart Contracts deployed on Near, together with whether the deployment was successful or not - as well as some of the most interacted with smart contracts.
The calculations do not include the Current Date as it will always be incomplete until the day ends.
![db_img](https://uploads.flipsidecrypto.com/product/images/NYBRyRlWeoah.jpeg)
Key insights:
- The section above presents some of the more general metrics - the number of transactions, transaction fees, and how do both of these metrics change on a periodic basis as a percentage. We can see that on August 20th, there has been a huge and very rapid increase in the number of transactions, a change that constituted over +400%!
- There definitely is a direct correlation between the gas spent and the transactions executed, but it is also interesting to see that on some days the % change of transactions is not that big, whereas the % change in gas spent is. For example, on March 1st 2022, transaction fees increased by almost 50%, whereas transactions increased by only about 15%.
- The % difference table consists of the last 30 days worth of data - and presents in a clear way the daily change in transactions, active users and fees spent.
- The top contract that generated the most fees is Aurora (almost 2.4M), followed by NearCrowd (almost 400k).
Key insights:
- It’s great to see that Near still onboards new users on a daily basis, even if this increase is not as rapid as it was earlier on. We can see that the number of active users stayed pretty constant in the past few weeks, which means that certain users are staying in the ecosystem and are using it quite frequently.
- The cumulative chart tells us how active Near users are - we can see that a huge number of users have been active for only 1 day, but we can also see users who are active for more than a week, or more than 50 days. There are even some users (almost 700 at the time of writing), who have stayed with Near for over 200 days!
- Credit to @lunasg for the last two charts of this section, thank you ser! 😎
Conclusion
This is it, the Capital. The Capital of every country, or of every City consists of the most famous sights, and this is what we have investigated in this dashboard. Some of the more general metrics, such as the number of transactions, fees generated or the frequency of contracts deployed are the fundamental metrics that every user interested in a network should look into.
Given that now we know the basics, we can move to some more serious analysis of the rest of the Districts of the City of Near… Are you ready?
![db_img](https://uploads.flipsidecrypto.com/product/images/zjxNu5sw-Ogg.jpeg)
This is only the second part of our Journey through the City, but I hope that you’ve already learnt some cool things about Near! Head back to the guide - it’s time to start exploring the Districts, where we will dive into more detailed analysis. See you there!
- Dashboard (and artwork created for the purpose of this tournament) created by -pine-nat-#4310
- Twitter:
- Refresh Rate - Daily
- Data from FlipsideCrypto
![db_img](https://uploads.flipsidecrypto.com/product/images/S0IO4G19ZNbW.jpeg)
Key insights:
- A lot of smart contracts have been deployed on Near, which is great news! We can see that most of those creation transactions have been successful, with only a small part being failed creation attempts.
- The most interacted with contract is by far Aurora, with more than 61M interactions… wow! The second most popular contract is NearCrowd, with over 50M interactions.
- It is also quite interesting to look at the wallets themselves who deploy new smart contracts. We can see that a lot of users have deployed 4, 5 6 and 9 contracts each, with the top one user having deployed 20 contracts!