Hello HODLers,
Today I just wanted to highlight a few metrics that have been shifting positively for the HIVE Blockchain.
If you follow our data analysts @penguinpablo et @arcange you probably have seen these graphs. I will try to comment them.
Conclusion if you feel too lazy to read it all
- Hive Blockchain has almost never have been as healthy interms of total tx and Daily Active Users
- Most of this growth comes from @splinterlands players creating a lot of new accounts
- Nevertheless, $HIVE Tokens are being withdrawn from exchanges to be used to buy Splinterlands Cards, Hive-engine tokens and power-up. Taking out the supply of tokens of exchange is very positive for the HIVE price
- Since HF25 that introduced a linear curation. Number of comments per post has been trending up, showing an increased level of interaction on Hive posts
Monthly Active Users
Daily Active Users
Can you spot the @splinterlands pump? Crazy how this game just made our Blockchain metrics looks so much nicer.
It also helped a lot of crypto focused users to put a name on the Hive Blockchain through their experience with Splinterlands.
Weekly accounts created
Weekly number of posts
Posts + Comments per post
We can clearly see now the impact of the HF25 that allowed users to reward and be rewarded through a better curation on their comments.
This makes the entire Hive space more lively and more attractive to writer/readers. Interactions are the key to have a successful social media platform.
These numbers are THROUGH the rood thanks to the current Splinterlands craze. Even if this will calm down and are not social media accounts, we can hope some percentage of these users might actually use their accounts to post (probably in order to get SPT tokens at first).
But if they go down the rabbit hole, we could have thousands of new users knocking at the Blogging door !
HIVE Token are taken out of exchanges
Do I need to say aything? BULLISH !**
Withdrawals increasing while deposits are stable
Very positive metrics if we can sustain this trend, HIVE will leave CEX fast to be either Powered-up or used for Hive-engine / Splinterlands purchases.
Sources:
Latest Analysis
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