Active Wallets

    What are active wallets doing more broadly? What type of activities are the most common on average, and what are the whales doing? Is there a way to identify real users and organic transaction activity?

    Introduction

    What is FLOW?

    Flow (FLOW) is a high-performance blockchain specifically for creating NFTs, massive crypto games, and apps. Unlike general-purpose blockchains such as Ethereum, Flow is built to efficiently scale for potentially billions of people interacting with NFTs like in-game items. The native token for the flow blockchain is the FLOW token.

    Methodology

    • We will look at the daily users and transactions on the flow blockchain

    • We will look at the action these active wallets are taking

    • We are looking to see who people are using the Flow blockchain

    db_img

    Flow Active Wallets Metrics

    Loading...
    Loading...

    Observations

    • both the number of users and the number of transactions on flow spiked on june 9th - 12th.

    • Most days there are between 300,000 and 800,000 transactions per day on flow.

    • Generally since the beginning of May the number of users and transactions on flow have been increasing.

    Loading...
    Loading...
    Loading...

    Conclusion

    • The vast majority of activity on Flow come from users that are not bots because bot activity is very low on flow.

    • About half of all the transactions on the flow network are TokenDeposited and TokenWithdrawevents.

    • both the number of users and the number of transactions on flow spiked on june 9th - 12th.

    • Most days there are between 300,000 and 800,000 transactions per day on flow.