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The number of active addresses on Polkadot has hit a historical high for the second consecutive month

The number of active addresses on Polkadot has hit a historical high for the second consecutive month

Bitget2024/05/10 00:45
DOT-2.93%GLMR-3.38%

News on May 10th, Polkadot blockchain activity has soared to record levels, with active addresses reaching historical highs for two consecutive months. Data from DotLake shows that as of the end of April, the network had about 650,000 active addresses on-chain. This growth continues the upward trend in March when the number of active blockchain addresses exceeded 605,000. Polkadot stated that this milestone represents a significant increase in activity and sets a new historical high for monthly active accounts since the launch of parachains in 2022. The increase in active addresses is mainly attributed to Moonbeam. During the reported period, Moonbeam's address count accounted for over 60% of these addresses, totaling 397,515 while Polkadot only had 136,612 addresses.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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