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@UzorueCMonad Testnet (30 Days After Launch)
Flipside AI
Monad Testnet Performance Analysis
Key Network Metrics
User Growth and Engagement
Monad's testnet demonstrated remarkable performance in its first 30 days, with 35,593,584 unique wallets and 8,303,703 total receiving wallets. The network shows high user engagement, with an average of 4.6-12 transactions per wallet.
Transaction Performance
- Total Transactions: 415,198,053 in 30 days
- Successful Transactions: 402,398,047 (99.5% success rate)
- Peak Daily Transactions: 31,961,953
- Transactions Per Second (TPS): Approaching 10,000 TPS goal, currently at ~8,303 TPS
Network Efficiency
Block and Performance Metrics
- Average Block Time: 0.546 seconds (near 1-second goal)
- Total Blocks Created: 4,803,166
- Transaction Fees: Extremely low at $0.009 per transaction
Transaction Fee Dynamics
The network demonstrated interesting fee behavior:
- Initial high volatility with a peak of 264,288 MON on a single day
- Gradual stabilization around 0.01 MON
- Consistent decline in transaction costs over the testnet period
Network Stability
Monad's testnet showed robust performance with:
- Transaction Success Rate: Consistently between 96-98%
- High network reliability
- Scalable infrastructure approaching design goals
Conclusion: Monad's testnet reveals a promising blockchain platform with strong user growth, high transaction efficiency, and near-target performance across key metrics.
Monad Testnet Performance Analysis
Key Network Metrics
User Growth and Engagement Monad's testnet demonstrated remarkable performance in its first 30 days, with 35,593,584 unique wallets and 8,303,703 total receiving wallets. The network shows high user engagement, with an average of 4.6-12 transactions per wallet.
Transaction Performance
- Total Transactions: 415,198,053 in 30 days
- Successful Transactions: 402,398,047 (99.5% success rate)
- Peak Daily Transactions: 31,961,953
- Transactions Per Second (TPS): Approaching 10,000 TPS goal, currently at ~8,303 TPS
Network Efficiency
Block and Performance Metrics
- Average Block Time: 0.546 seconds (near 1-second goal)
- Total Blocks Created: 4,803,166
- Transaction Fees: Extremely low at $0.009 per transaction
Transaction Fee Dynamics
The network demonstrated interesting fee behavior:
- Initial high volatility with a peak of 264,288 MON on a single day
- Gradual stabilization around 0.01 MON
- Consistent decline in transaction costs over the testnet period
Network Stability
Monad's testnet showed robust performance with:
- Transaction Success Rate: Consistently between 96-98%
- High network reliability
- Scalable infrastructure approaching design goals
Conclusion: Monad's testnet reveals a promising blockchain platform with strong user growth, high transaction efficiency, and near-target performance across key metrics.
It is now 30 days since the launch of Monad Testnet.
This dashboard gives an analysis of the Monads blockchain, which a high-performance Layer 1 EVM-compatible solution designed to improve blockchain scalability and efficiency.
Monad aims to achieve a transaction rate of 10,000 TPS, with 1-second block times and near-zero fees, effectively addressing Ethereum's scalability challenges. for 5 seconds
