Cryptocurrency analytics company Santiment has shared the altcoins that have recorded the strongest network growth in the last 30 days.
On-chain data based analysis looked at increases in the number of new wallets used for projects with a market capitalization over $500 million. The data shows that some projects showed network growth several times higher than the previous month, according to the data.
Santiment’s data shows that projects like Aster, Dai’s version on the Polygon network, Global Dollar and Internet Computer have experienced significant increases in network growth over the past month. According to the analytics company, “This new wallet creation generally indicates increased user interest and activity within the ecosystem.”
According to Santiment’s data, the altcoins with the highest network growth in the last 30 days (and their respective percentage) are ‘The following is.
- Aster (ASTER) – 857.38%
- Dai (Polygon) (
$DAI
) – 464.58%
- Global Dollar (USDG) – 443.9%
- Internet Computer (ICP) – 399.64%
- Chain-key USDC (CKUSDC) – 250%
- Tether (Polygon) (USDT) – 152.06%
- WhiteBIT Token (WBT) – 150%
- SyrupUSDC (SyrupUSDC) – 133.33%
- Uniswap (Polygon) (UNI) – 120%
- Dai (Optimism) (
$DAI
) – 103.33%
Santiment added that network growth metrics are particularly important indicators for measuring new user inbound and ecosystem activity.
*This is not investment advice.
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