One of the ways to measure the month to month usage of the blockchain platform is to check the amount of average daily active addresses.
“Active addresses are unique addresses that were active in the network (either as a recipient or originator of a ledger change) that day. All parties in a ledger change action (recipients and originators) are counted. Individual addresses are not double-counted if previously active.”
According to the infographic, Bitcoin remains to be the leader. Unexpectedly, Digibyte has taken the second place in the list this month, the number of active addresses has skyrocketed in November by striking 2065%. We also observed the upsurge in the amount of Digibyte daily active addresses back in October, as can be checked in our previous post (https://t.me/cryptodiffer/1520)
Overall, the usage of Digibyte is very inconsistent according to the data. For instance, anomaly usage of Digibyte addresses was observed from 12 to 22nd of November with the peak at 4.3 million addresses on the 15th of November, while the most common number of active users was around 5k daily during most of the analyzed period.
Ethereum Classic holds the third position in November having more active addresses than Ethereum. Back in October, Ethereum Classic daily active addresses have soared by 580% and overtook Ethereum by the number of active daily addresses.
Overall, we can see that 10 out of 15 analyzed platforms have experienced an increase in the amount of daily active addresses in November, Decred, Cardano, and Ripple are among the leaders. This is an interesting observation given the major price drop in November.