In the midst of this bear market, I believe it’s more important than ever to have a grounded and long-term view of the industry. Today, let’s look at DAUs over the past 5 years across 5 L1s: Bitcoin, Ethereum, Solana, Polygon, and Arbitrum. DAU is defined as the total number of unique addresses that were active on the blockchain or interacted with the asset’s known smart contracts.
Is crypto dead? Looking at DAUs across 5 L1's
Is crypto dead? Looking at DAUs across 5 L1's
Is crypto dead? Looking at DAUs across 5 L1's
In the midst of this bear market, I believe it’s more important than ever to have a grounded and long-term view of the industry. Today, let’s look at DAUs over the past 5 years across 5 L1s: Bitcoin, Ethereum, Solana, Polygon, and Arbitrum. DAU is defined as the total number of unique addresses that were active on the blockchain or interacted with the asset’s known smart contracts.