Network usage metrics are quantitative measurements that track the level of activity and engagement on a blockchain or decentralized application. These metrics include transaction volume, unique active addresses, gas fees paid, and smart contract calls. They provide data points to assess the health, adoption, and demand for a specific network. Analyzing these metrics offers insight into real-world utility.
Context
Crypto news frequently references network usage metrics to evaluate the performance and growth of various protocols. A consistent rise in these metrics often signals strong organic demand and a growing user base. Conversely, stagnation or decline can indicate challenges, providing critical context for understanding the operational status and future prospects of a digital asset.
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