Blast Bridge and Token Usage
The pie charts offers a breakdown of average volume, number of bridges, and the percentage of users by different tokens. The dominant token in terms of average volume is "YES," accounting for 38.92% of the total, followed by "WETH" with 18.47%. Other notable tokens include "TES" (8.55%) and "ezETH" (6.82%). The distribution of the number of bridges indicates a significant presence of "WETH" with 13,162,696 bridges(39.71%), followed by "USDB" and "BLAST," showcasing their substantial usage in bridge operations. The user distribution pie chart shows "WETH" leading with 3,655,217 users(39.81%), followed by "USDB" and "BLAST."
The line charts provide a temporal analysis of the number of unique bridges and users over time. The blue bars in the left chart indicate the daily number of unique bridges, with a visible upward trend peaking around mid-June 2024. The cumulative number of bridges, shown by the red line, exhibits a consistent growth, emphasizing the increasing adoption of these bridges over the observed period. Similarly, the right chart shows the daily unique users (green bars) and the cumulative number of unique users (blue line), following a similar upward trend.
I have inspired my analysis based on https://flipsidecrypto.xyz/ellerydurwin/blast-bridge-and-bridgers-ANUTwV