Engagement

Definition ∞ ‘Engagement’ in the crypto sphere signifies the level of interaction users have with a particular digital asset, protocol, or platform. This can manifest as active participation in governance, utilization of decentralized applications (dApps), or contribution to network security through staking. High engagement often correlates with network vitality and user adoption.
Context ∞ Current discussions on ‘engagement’ often focus on metrics like daily active users, transaction volumes on specific blockchains, and the participation rates in decentralized finance (DeFi) protocols. Analysts scrutinize these indicators to gauge the health and growth trajectory of crypto projects. Future developments may see new mechanisms designed to foster deeper user involvement and reward active network participants.