realist
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    Core Monthly Report

    hexagon

    Flipside AI

    Core Blockchain Ecosystem Analysis

    Network Overview

    The Core blockchain demonstrates robust activity with 14,721,074 active users and a significant surge in user adoption. A peak of 510,141 new users in a single day highlights the network's growing appeal and potential mainstream traction.

    Transaction Dynamics

    The network processed 65,231,137 total transactions from June to November 2024, indicating steady engagement. Transaction volatility is notable, with percentage changes ranging from -63.61% to 307.42%, suggesting a dynamic and potentially speculative market environment.

    Staking and Delegation

    Cumulative token delegation stands at an impressive 806,451,645 tokens, signaling strong network participation. Simultaneously, a large-scale undelegation of 647,684,944 CORE tokens suggests potential strategic repositioning by investors.

    Bridge and Cross-Chain Activity

    Core Bridge has been highly active, processing:

    • 1,121,055 total transactions
    • 4,268,506 bridge-in transactions

    This indicates significant cross-chain asset transfer and user engagement across blockchain ecosystems.

    NFT and Rewards Landscape

    The NFT market shows vibrant activity:

    • 2,263,450 total NFT transactions
    • DailyNFTRewards leading with 1,066,898 transactions
    • Algebra Positions NFT-V2 dominating with 223,769.9 volume

    Core DAO has generated $47.3 million in total rewards, further incentivizing ecosystem participation.

    Development
    NFT
    Validators Rewards
    Bridge
    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.