In 2024, the Core blockchain demonstrated remarkable growth and transformation, marked by significant trends across various metrics. Active wallets began to steadily increase from September, signaling heightened user engagement and participation on the network. This rise was complemented by a surge in new user registrations from August, indicating a growing interest in the ecosystem and its offerings.
Bridge-related activities also stood out during the year, with a notable spike in bridge-out transactions observed between July and the end of September, suggesting increased asset transfers out of the Core network during this period. Meanwhile, NFT activity on the blockchain saw a major boost starting in October, with the number of transactions significantly climbing, underscoring Core's potential as a hub for NFT enthusiasts.
In contrast, bridge transaction fees displayed a downward trend beginning in April, potentially reflecting shifts in network optimization or user preferences for cost-effective transactions. These trends collectively highlight the dynamic evolution of the Core blockchain throughout the year and its growing appeal to a diverse range of users and use cases.
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