Onchain Adoption

Definition ∞ Onchain adoption refers to the direct and increasing utilization of blockchain networks for transactions, decentralized applications, and digital asset interactions. This metric measures the growth in active addresses, transaction counts, and the deployment of smart contracts. It indicates genuine utility and organic user expansion within a blockchain ecosystem. High onchain adoption signifies a robust and active network.
Context ∞ News reports frequently reference onchain adoption metrics to assess the fundamental health and growth of various blockchain projects. These indicators provide a more granular view of network activity beyond speculative trading volumes. Sustained increases in onchain adoption often correlate with the long-term viability and success of digital assets.