Fantom

Polygon

Cosmos

Daily

<ul class="news-points"> 
 <li>MATIC’s OBV flattened from recent highs, signaling distribution over increased accumulation.&nbsp;</li> 
 <li>ATOM’s momentum could back the bullish price strength provided market sentiment does not turn gloomy.</li> 
 <li>The 20 EMA on the FTM daily chart slides below the 50 EMA, implying an emerging resistance at $0.29.</li> 
</ul> 
The daily active addresses of Polygon (MATIC), Cosmos (ATOM), and Fantom (FTM) topped other blockchains on a Month-on-Month (MoM) basis. According to data from crypto metric provider Artemis, Fantom addresses soared by 70.1%. Polygon picked up steam with a 225.9% hike while Cosmos grew by 85.2%. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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 Top 5 Blockchains by Daily Active Address growth month over month. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f947.png" alt="🥇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/0xPolygonDeFi?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@0xPolygonDeFi</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f948.png" alt="🥈" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/cosmos?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@cosmos</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f949.png" alt="🥉" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/FantomFDN?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@FantomFDN</a> 4⃣ <a href="https://twitter.com/zksync?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@zksync</a> 5⃣ <a href="https://twitter.com/trondao?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@trondao</a> <a href="https://t.co/di4yK7yHnR" target="_blank" rel="nofollow">pic.twitter.com/di4yK7yHnR</a>— Artemis (@Artemis__xyz) <a href="https://twitter.com/Artemis__xyz/status/1671895900984340482?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">June 22, 2023</a>
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</figure> 
The increase in the metric implies that an impressive number of users participated in sending or receiving tokens via each of these networks. 
For Polygon, the spike could be linked to the developmental strides with NFTs and the <a href="https://coinedition.com/polygon-labs-proposes-the-upgrade-of-pos-to-zkevm-validium/">Polygon 2.0</a> introduction. 
On the other hand, Cosmos, which prides itself as the “Internet of Blockchains” also encouraged NFT transactions on its …
The post <a rel="nofollow" href="https://coinedition.com/polygon-cosmos-fantom-metric-spike-is-this-a-positive-outlook/">Polygon, Cosmos, Fantom Metric Spike; Is This a Positive Outlook?</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Polygon, Cosmos, Fantom Metric Spike; Is This a Positive Outlook?

Coin Edition

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