Activity

Definition ∞ Blockchain networks record verifiable events that occur on the ledger. These events can represent transactions, smart contract executions, or other state changes. Understanding the nature and frequency of these occurrences provides insight into network usage and adoption.
Context ∞ Current discussions around ‘Activity’ often center on transaction throughput and the economic incentives driving network participation. Analysts monitor on-chain data to gauge the health and growth trajectory of various blockchain ecosystems, informing investment decisions and technological development.