Active addresses on Polkadot hit a new all-time high of 600,000, despite the community’s memecoin efforts failing to bring more attention to the protocol.
The Polkadot blockchain has reached a new all-time high in active addresses on its network.
Polkadot amassed over 600,000 active addresses on-chain by the end of March, according to data by DotLake, shared in an April 7 X post by Polkadot.
Over 41%, or 248,000 of the 605,000 addresses, are attributed to the cross-chain smart contract platform Moonbeam, while 191,000 addresses were created directly on Polkadot, according to DotLake data.