October: AnalytEx Monthly Polygon Blockchain Analysis

All charts are available at the AnalytEx Polygon Charts & Statistics.
Polygon transaction statistics
AAverage number of Polygon transactions per day decreased by 3.66%
In October, the total number of Polygon transactions was 80,988,446 with average daily volume of 2,612,530 transactions. The number of Polygon transactions in September was 81,357,498 with average daily volume of 2,711,916 transactions. Compared to September, the average number of transactions per day in October decreased by 3.66%.
polygon average number of transactions per day (source: app.anayltex.today)
The highest average number of transactions in October was made on the third with a peak of 2,978,353, which is 33.4% higher than the average value in October.
polygon transactions peak, October 2022 (source: app.analytex.today)
Polygon block statistics
Average number of Polygon blocks per day decreased by 0.64%
**The average daily block size has been decreasing for more than 6 months **
In October, The Polygon Average Number of Blocks Per Day chart shows a decrease of 0.64% in the average number of blocks per day. The average number of Polygon blocks per day in September was 41,307, and the average number of Polygon blocks in October was 41,044.
polygon average number of blocks per day in October 2022 (source: app.analytex.today)
A smaller number of blocks mined in the Polygon network in October was observed on the 18th. The rest of the month passed without significant peaks.
polygon blocks per day in October 2022 (source: app.analytex.today)
In September the average block size was 1.78 Gb, In October this value was 1.66 Gb. The average size of blocks mined per day decreased by 6.74% continuing the trend of decreasing the average block size in the Polygon chain.
polygon average daily block size (source: app.analytex.today)
The Polygon Total Block Size Per Month, Gb chart shows that the total block size in September was 50.39 GB, in October it was 51.6 GB. The value has decreased by 3.35%.
polygon total block size per month (source: app.analytex.today)
Polygon gas prices statistics
Average Polygon gas price increased by 27.44% in October because of the chain activity.
In September, the average Polygon gas price was 119.86 gwei, in October it was 152.75 gwei. The gas price increased by 27.44%.
polygon average gas price per month (source: app.analytex.today)
The highest price of gas in October was recorded on the 25th and amounted to 364.69 gwei. This is the highest gas price recorded in the network for the last 3 months.
polygon average gas price per day in October 2022 (source: app.analytex.today)
Polygon new smart contracts statistics
The number of ERC-20 tokens created in the Polygon network in October decreased by 21,9%
The number of ERC-20 tokens created on the Polygon network in October was 3,634, In September this figure was 4,429. It decreased by 21.9%.
Polygon active addresses statistics
In October, the average number of unique active crypto wallets per day increased by 54.82% Polygon chain hit the record in active wallets per month. This value reached 8,225,916*
AnalytEx engine is able to track a number of unique daily and monthly addresses of active crypto wallets and smart contracts in various blockchains distinguishing the addresses by signatures of wallets and smart contracts.
In September, the average number of unique active crypto wallets per day in the Polygon blockchain was 283,785, in October this figure was 439,359, so it is a huge decrease of 54.82%.
polygon average number of daily active wallets (source: app.analytex.today)
In October, the Polygon network recorded the highest value of the number of active wallets per month. This value reached 8,225,916, up 141.09% from the previous month.
polygon active wallets per month (source: app.analytex.today)
A number of daily active smart contracts decreased by 2.58% This value in September was 21,043. In October it was 20,501.
polygon average number of daily active smart contracts (source: app.analytex.today)
Stablecoins metrics
Market capitalization of USDC in the Polygon chain is $42,748,399,591.00 at the moment of the publication. Number of USDC holders increased by more than 10% during the month and is 988,892.
Market capitalization of UST in the Polygon chain is $69,547,662,918.00 at the moment of the publication. Number of USDT holders increased and hit the record of 1000000 addresses. It is 1,014,480 now.
Market capitalization of DAI in the Polygon chain is $5,787,167,696.00 at the moment of the publication. Number of USDC holders has increased by more than 15% during the month and equals 697,007.
There is a positive trend.
Protocol dynamics
The total supply of all tokens in the Polygon network in the AAVE lending protocol continues to grow rapidly and surpassed the $100 million mark, showing an increase of more than 10% in October.
polygon aave protocol dynamics (source: app.analytex.today)
Data-driven conclusions
October was an interesting month for the Polygon network, as the record in the number of active wallets per month was broken, the number of holders of top stablecoins in the network is growing rapidly, as is the TVL in the AAVE lending protocol, which means that there is an increase in activity and user interest in the Polygon blockchain, while the overall indicators on all charts continue to slightly decrease, continuing the bearish trend.
All charts are available at the AnalytEx Polygon Charts & Statistics.