COMPASS: Finding the “You” in Users explores address activity across Bitcoin and the six top L1 and L2 chains, by total value locked (TVL).
CHICAGO, July 27, 2023 (GLOBE NEWSWIRE) — CEX.IO, a global ecosystem of products and services that connects people and businesses to the cryptocurrency economy and decentralized finance, released its market analysis report for Q2 2023, COMPASS: Finding the “You” in Users: How Human Behavior is Shaping the Crypto Ecosystem.
Prepared by The CEX.IO Market Research Team, the report examines the breadth and frequency of address activity across a variety of industry verticals. After isolating six of the top 10 L1 and L2 networks, plus Bitcoin, by total value locked (TVL), the Team clocked traffic at critical ecosystem waypoints. Interactions with decentralized finance (DeFi), decentralized exchanges (DEXs), NFTs, and network bridges were tracked to reveal community trends in the correlated data. In turn, the report interrogates why active add
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