Definition ∞ Network growth quantifies the expansion of a blockchain network, typically measured by metrics such as the number of active users, the volume of transactions, or the total value locked within its ecosystem. A growing network often signifies increasing adoption and utility for its associated digital assets and decentralized applications. Sustained growth is a key indicator of a project’s vitality and market relevance.
Context ∞ Network growth is a primary indicator scrutinized by investors and analysts when evaluating the potential of cryptocurrency projects. Metrics like daily active users, new wallet creations, and transaction counts are closely monitored for signs of organic expansion. News reports often feature analyses of these growth trends, correlating them with market sentiment and the development of new features or applications within specific blockchain ecosystems.
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