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Monad Network Sees 51% Jump in Active Addresses

Data from Nansen.ai shows 113,000 active addresses and 2.35 million transactions in the past day, reflecting increased usage of the Monad blockchain.

Summary

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Terms & Concepts
  • Active addresses: Unique blockchain wallet addresses that have conducted transactions within a specific period.
  • Transactions: Operations recorded on a blockchain, such as transfers or contract executions.
  • Monad: A blockchain network designed for scalability and high transaction throughput.