Messari Report: Polkadot Q3 Revenue Decreased by 47%, Active Addresses Decreased by 40%

2022-10-09 10:52:26
Collection

Chain Catcher News, the crypto analysis platform Messari recently released the Polkadot Q3 report, indicating that the network has seen some declines in key ecosystem metrics, but its fundamental indicators, such as the number of validators, nominators, and staking ratio, have remained stable over the past 90 days.

Specifically, Polkadot's revenue continued to decline in Q3, with total revenue of $115,326, a 47% decrease quarter-over-quarter; active addresses also saw a significant drop, with only 139,419 active accounts on Polkadot in Q3, a 40% decrease quarter-over-quarter.

In addition, the Messari report also noted that since the beginning of this year, the total staking volume of DOT on the network has remained unchanged, with the ratio consistently between 54% and 59% over the first three quarters. (Source link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators