{"id":13098,"date":"2018-11-14T00:00:00","date_gmt":"2018-11-13T16:00:00","guid":{"rendered":"https:\/\/www2019.dash.org\/2018\/11\/14\/dash-sees-mixed-signals-on-user-growth-active-adresses-jump-by-36\/"},"modified":"2021-09-18T11:36:29","modified_gmt":"2021-09-18T11:36:29","slug":"dash-sees","status":"publish","type":"post","link":"https:\/\/wp.dash.org\/news\/dash-sees\/","title":{"rendered":"Dash Sees "Mixed Signals on User Growth", Active Adresses Jump by 36%"},"content":{"rendered":"
Dash, one of the Top 15 cryptocurrencies by market capitalization, is seeing more and more adoption, especially compared to the results a year ago, but the total payment volume and number of downloaded mobile wallets has been decreasing, according to their Q3 results.<\/p>\n
\u201cWe saw mixed signals on user growth, but overall the metrics appeared steady despite the market price declines,\u201d CEO Ryan Taylor said during a quarterly conference call, adding, \u201cUsage metrics were also strong, including record trading volumes. However, it\u2019s important to note that the community performed a stress test in July that increased several of these metrics [such as transaction count, private send and instant send] in an artificial way.\u201d<\/p>\n
According to the report, Dash now has 47,750 daily active addresses \u2013 an increase of more than 36% compared to last year, but only slightly more than last quarter. More than half a million addresses hold more than USD 1, indicating actual use and not just creating an address for experimenting, which is an increase of 1,306% compared to last year. The average daily median transaction value is USD 30.5 \u2013 a steep decline from last year.<\/p>\n
Read Full Article:<\/p>\n","protected":false},"excerpt":{"rendered":"
Dash, one of the Top 15 cryptocurrencies by market capitalization, is seeing more and more adoption, especially compared to the results a year ago, but the total payment volume and number of downloaded mobile wallets has been decreasing, according to their Q3 results.<\/p>\r\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[216],"tags":[],"class_list":["post-13098","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"yoast_head":"\n