Overview
Address Activity reflects network participation and growth.
Active addresses count unique senders or receivers during a period, while new addresses show user inflow into the ecosystem.

Interpretation

• 📈 Growth in active and new addresses → network expansion and adoption.

• 📉 Declines → market cooling or low engagement.

Formula

$ActiveAddresses = UniqueSenders + UniqueReceivers$

$NewAddresses = Addresses_{created\ this\ period}$

Signal
Increasing active addresses usually precede higher on-chain volume and long-term adoption.

Insights
Address activity is a key adoption metric — more unique users typically means greater transaction throughput and ecosystem health.

Available Metrics

• Active Addresses

• New Addresses

• Addresses with Balance