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Blockchain Growth

Definition

This term signifies the expansion of blockchain technology’s reach and utility. It refers to the increasing adoption, development, and integration of blockchain networks and their associated applications across various sectors. This growth is evidenced by metrics such as the number of active users, the volume of transactions processed, the total value locked in decentralized applications, and the development of new protocols and infrastructure. Understanding this expansion is critical for discerning market trends and the technological underpinnings of digital assets.