Swan Chain total number of accounts across the network crosses 150,000, TVL grows by 1,283 percent
On October 11th, Swan Chain, an AI superchain, showed strong performance in its recent on-chain data. According to Swan's official browser, the total number of accounts on the network has exceeded 150,000, with more than 42,000 daily active accounts, and the number of daily transactions has exceeded 130,000 in the past 24 hours. Meanwhile, the Total Value Locked (TVL) has increased by 1,283% since the launch of on-chain interactions.
Swan Chain plans to launch the SWAN token later this year, completing the final piece of the economic model. A 20 percent share of the project's token economic model will reportedly be used for airdrops, designed to incentivize broad network participation and user interaction. Users currently participating in on-chain trading activities are expected to be rewarded with airdrops after future token generation events (TGEs).
Notably, Swan Chain was recently awarded 500,000 OPs (approximately $750,000) from the Optimism Foundation. This funding will provide a strong boost to Swan Chain's continued development, which is expected to further attract developers and users to join the ecosystem and drive continued growth in on-chain activity.
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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