Crypto is a numbers person - TPS, TVL, market cap - without people behind it, it is meaningless. In the context of the #SocialMining networks, the focus on the fact that the actual performance of $WAXP is not solely technical, it is social, is reinforced by the participants of the network, namely, the users of the platform, who are known as the participants of the $WAXP. Capability is demonstrated by metrics, whereas belief is demonstrated by participation.
In the case of WAX, this ideology manifests itself every day in the form of regular transaction flows, user retention, and activity on the part of creators. After price action fades, the underlying activity remains the same - a symptom of decentralized stamina and not centralized mania. In Social Mining discourses, it is referred to as community throughput, which is the energy that makes the ecosystems move even when analytics become cold.
The model of WAX has been based on interaction since its inception, and not speculation: fans collect, traders mint, and developers test without headlines. This rhythm has created an economy in which data and behavior work according to each other a quality that is unusual in Web3.
With the increase in the networks pursuing greater metrics, a good reminder by $WAXP is that blockchains do not run on speed. They survive on the communities that will not go. And in that regard, social proof may happen to be the most undervalued performance measure of all.
