Polkadot Sees Record-Breaking Active Addresses, Despite Subdued Transaction Activity
According to CryptoPotato, Polkadot, a multi-chain platform, has seen a surge in activity, as evidenced by the record-breaking number of active addresses on its blockchain. The latest data from Parity Data reveals that Polkadot has accumulated over 605,200 active addresses. Nearly half of these, approximately 248,000, are associated with Moonbeam, a cross-chain smart contract platform. This is followed by 191,000 addresses directly established on Polkadot. The decentralized IoT network Nodle trails behind with 66,063 active addresses, followed by Polkadot’s top parachain protocol Astar, and decentralized liquid staking protocol Bifrost with 24,262 and 16,907, respectively. Acala and Manta captured the sixth and seventh positions for top active addresses with 15,586 and 14,178, respectively.