Daily Transactions and Unique Addresses

    1.Number of transactions in July 2022

    In table below we can see Number of transactions that performed in each day of July-2022. The most number of transactions were performed on the days of 5, 1 and 4 July respectively. The lowest number of transaction was also on the days of 9 , 2 and 3 July ( The days after July 9 are after the time of writing this dashboard and are not considered).

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    Unique address tx_from

    The number of different wallets that had asset sending transactions is given in the table below. This number was the highest on the day 1 July and the lowest on the day 9 July ( The days after July 9 are after the time of writing this dashboard and are not considered).

    Unique address tx_receive

    The number of different wallets that had an asset receiving transaction is given in the table below. This number was the highest on the day 1 July and the lowest on the day 3 July ( The days after July 9 are after the time of writing this dashboard and are not considered).

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    1. Number of daily new wallets created in July 2022

    Another sign that a ecosystem is expanding is the increase in the number of new users. Here we consider new users as users who start the first asset sending transaction and we have specified their number in the days after 1st of July in the chart below. This chart also shows that the Polygon blockchain still has a significant number of new users, which can be considered as one of the signs of the growth of a ecosystem.

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    Introduction:

    Polygon is a second layer Blockchain of Ethereum, whose main purpose is to improve the scalability and transaction speed of Ethereum. In this dashboard, we want to discuss the growth of this blockchain. For this purpose, we will examine the following topics:

    1. Number of daily transactions in July 2022
    2. Number of daily unique wallets that transacted in July 2022
    3. Number of daily new wallets created in July 2022

    The fact that we still see a relatively significant number of transactions in the Polygon blockchain is a good sign of the dynamism of this blockchain, but to say that this blockchain has experienced growth, it might be better to compare it with Ethereum. Because as mentioned before, Polygon's goal is to solve a series of Ethereum problems. The chart below shows the number of Polygon blockchain transactions divided by the number of Ethereum blockchain transactions on different days.

    As shown in the chart, Polygon has more transactions than Ethereum on all days of July 2022. Although the amount of these transactions and their type are also of particular importance, this also indicates the good growth of polygon blockchain. The ratio of Polygon blockchain transaction divided by Ethereum blockchain, has a different amount on different days, but its changes have not been significant.

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    1. Number of daily unique wallets that transacted in July 2022

    conclusion

    In this dashboard for the Polygon blockchain, we examined various factors that can indicate the growth or decline of it. Various factors such as the number of transactions, the number of unique wallets and the number of new blockchain users were investigated. Also, the number of daily transactions was compared with Ethereum. These factors show that despite the bearish market, the Polygon blockchain still has the number of new users as well as the number of significant transactions. From the analysis of these factors, it can be concluded that the blockchain is growing, but the bearish market has also had its negative effects.