#OnChainInsights

On-chain analysis involves studying data that is collected directly from blockchains. This data includes information about transactions, addresses, volumes, block times, and more.

On-chain analysis provides detailed insight into market behavior and the health of a cryptocurrency, and helps investors and analysts make informed decisions.

Promising cryptocurrencies for 2024

Key Components of On-Chain Analysis

Transactions: The total number of transactions made in a given period can indicate the activity of a cryptocurrency.