Key Ecosystem Metrics and Analytics Weekly Updates Oct 4

October 4

Time: September 26 - October 03

:chains: NEAR Explorer Stats

:bar_chart: NEAR Ecosystem Scoreboard

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Executive Summary/Key Insights

  • MAD had a slight increase but mostly remained stable at around 1000 devs. Weekly active developers also increased last week, showing positive signs of post-hackathon developer retention.
  • Private shards launching announcement was successful in driving developer attention.
  • Linkdrop/NFT drops campaign proved to be successful and effective in driving traffic and account creation for NEAR.

Key Efforts Last weeks

Many of these are key contributing factors to the data changes last week

Sep 26

  • Crust Network x NEAR Partnership

Sep 29

Sep 30

Oct 1

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Top Line Metrics

All about the MAD (Monthly Active Developer)

MAD Internal (based on CLI data in the last 30 days)

Monthly Active Developer maintained at the level of almost 1000, which is a result of the hackathon that has happened in the past month. We will be expecting a slight decrease around 30 days after the end date of hackathon. However, from the weekly active developer chart shown below, we can conclude that we were able to retain a fair amount of developers continued to be active on a weekly basis.

Accounts and more

Daily Number of New Accounts

Daily account creation level remained stable continued from previous week with the new anti-spam version coinop. This shows that we are still receiving a fair amount of interests in the ecosystem and a constant level of growth in the size of the ecosystem.

From the breakdown below, besides the usual dominance of undefined source, we can see that appeared as the third, which is the NFT drop campaign. Combined with previous weeks linkdrop campaigns and referral situation, we can say that linkdrop is one of the most effective ways in attracting users to register for NEAR wallet.

Transactions, Txs, Txs

Daily Number of Transactions

Daily transactions last week also remained stable as last week with an average level of 285k.

From the contracts breakdown, we can see that we have the usual leading contracts, including nearcrowd, ref, near, and bridge. However, we can see dotz.near came in as 16th on the list, which was for nft drop. We also see beryclub still performing well as 21st.

Overall Ecosystem

Note: The percentages next to the numbers are the comparisons to pervious week(7 days ago), with green showing increase and red showing decrease.

Important Contributing Metrics Dive

Daily New Developers

From CLI

A small spike happened on 29th, which was likely because of the announcement of private shards that triggered certain amount of developer attention.

Weekly Active Developer Internal & Weekly Active Dev-deploy/Deploy

From CLI data in the last 30 days Weekly

Weekly active developer and dev-deploy/deploy increased back to the level of 350 and 200 respectively. This is a very positive sign showing the retention of developers after the hackathon. We will need to continue to watch closer for this number to analyze the true retention of the developers brought in by hackathon. Top of Funnel Traffic Snapshot

The traffic decreased by 26% last week compared to the previous week. This can be considered as a normal decrease after the increase from pervious week.

From the country breakdown, we can see that traffic from Ukraine increased by 17%, as the only one from top 10 country sources. This was likely because of the speech Max made last week, showing that it successfully attracted attention to near.

From the source breakdown, we can see that the decrease from coinmarketcap and coingecko was the most significant, showing that the price hype resulted traffic could considered mostly faded. In addition, the traffic from increased, showing a more positive sign for developer/builder traffic.

NEAR Price in the last 30 Days

NEAR price climbed back and remained mostly stable at the level of around $8 last week.