Footprint Analytics

Author: stella@footprint.network Data Source: Roin Dashboard In a significant move, the popular Web3 game Pixels migrated from Polygon to Ronin, the game-specific blockchain, in late October 2023. Previously the leading Web3 game on Polygon in terms of unique active users (wallets), Pixels’ migration to Ronin signals a noteworthy recovery for the platform following a hacking incident in March 2022. Since the migration, Ronin has experienced a surge in on-chain activities throughout November. ...

Author: lesley@footprint.network Data Source: Token Dashboard Token analysis plays a pivotal role in the realm of cryptocurrency and digital assets. It is the process of delving deep into the data and market behaviors associated with these assets. By scrutinizing tokens, we gain invaluable insights into market trends, risk factors, trading activities, and the direction of capital flows.In the fast-evolving landscape of blockchain technology, Chainlink has emerged as a pivotal player, setting ...

Author: stella@footprint.network As crypto assets explode in popularity, understanding on-chain movements becomes critical. Platforms like Footprint Analytics enable investors, developers, and businesses to tap directly into blockchain data through wallet profiling — unlocking an intelligence goldmine. Wealth of Wallet Signals Wallet profiles extract signals like:Exchange Flows: Follow significant deposit/withdrawal transactions.Token Balances: Track ownership and concentrations across wallet...

Author: lesley@footprint.networkOn the blockchain, valuable on-chain data, such as transactions and assets, coexists with off-chain data, which is stored on centralized servers and includes user information and game logic. This dichotomy presents a challenge-the disconnect between on-chain and off-chain data makes seamless and complete analysis a complicated task. As managers seek comprehensive insight into their Web3 games, bridging the gap between on-chain and off-chain data becomes essenti...

Author: lesley@footprint.network In the ever-evolving cryptocurrency world, Coinbase has established itself as the leading centralized exchange (CEX). However, Coinbase believes that decentralization is the key to creating an open, global cryptoeconomy that is accessible to everyone, and launched its Secret Master Plan back in 2016, planned to publish a Dapp for achieving their goal. In August 2023, Coinbase took a major step toward realizing this vision by officially launching the Base chain...

Author: lesley@footprint.network Data source: Token Sector Dashboard The AI sector has been ignited by the fervor surrounding ChatGPT, and the convergence of AI and blockchain technology has become a focal point of market attention. This is because a notable feature of blockchain is its ability to securely store vast amounts of data on the chain, which aligns seamlessly with the data-intensive nature of AI models. As a result, an increasing number of AI tokens have emerged, luring investors w...

Author: stella@footprint.network Data Source: Sui Overview The introduction of Sui ushers in a notable development in blockchain technology, engineered by the team at Mysten Labs, professionals with a history of significant contributions at Meta. This permissionless Layer 1 blockchain demonstrates considerable technical innovation, garnering interest within the crypto community ahead of its mainnet release. In the following sections, we take a closer look at what Sui is and why it is notable ...

Footprint AnalyticsAuthor: stella@footprint.network *Data Source: *Layer 2 Overview The vision of a secure and user-friendly decentralized internet, supported by a shared economic framework and embraced by billions, relies on developing critical infrastructure. Scaling solutions, known as Layer 2, play a crucial role in constructing this foundation and enhancing Ethereum’s capabilities. These projects work together, forming a robust ecosystem that propels Ethereum towards its full potential. ...

Author: lesley@footprint.networkIn the ever-evolving landscape of web3 games, data analysis has emerged as an indispensable tool for comprehending user behavior and refining gaming experiences. As the gaming industry continues to progress, the strategic utilization of data has become pivotal for gaining a competitive edge. Marketing teams, specifically, can tap into the power of data to unveil invaluable insights that significantly contribute to the success of web3 games.Challenges in Retaini...

*Author: *stella@footprint.network The crypto arena was abuzz with major events, from the buzz around a Bitcoin ETF to Binance’s $4 billion settlement, setting a vibrant stage for the industry. In a month where Ethereum continued to dominate TVL and Layer 2 solutions such as Arbitrum took the spotlight, we also saw Solana’s impressive recovery and the meteoric rise of Blast. Collectively, these developments fueled investor enthusiasm and heightened anticipation for the next bull market in the...

Author: lesley@footprint.network The gaming market is witnessing a renaissance, with a remarkable 34% surge in gaming token market capitalization within a month. While user numbers are increasing, transaction volumes have been consistently declining for the past five months. This apparent contradiction raises an important question: What are the driving forces behind user growth amid declining transaction volumes? And how can we navigate this puzzle and find a sustainable solution? Amidst thes...

Author: lesley@footprint.network Data source: The Stablecoin Dashboard Stablecoins stand out as a distinct category within the realm of cryptocurrencies due to their inherent feature of being tied or “pegged” to a specific reference asset, often a fiat currency such as the US dollar or the euro. This anchoring mechanism serves a fundamental purpose: to mitigate the usual turbulence that characterizes the world of digital currencies. The importance of stablecoins within the cryptocurrency land...