- Santiment highlights top-performing crypto projects in on-chain metrics.
- AXS and AERGO shine in active addresses and network growth.
- ADA shines in the mean age metric, denoting the average age of coins invested in wallets over time.
In a recent tweet, prominent market tracker Santiment highlighted the noteworthy crypto projects that have led in various on-chain alpha metrics based on their performance observed since August. Specifically, Santiment highlighted about ten cryptocurrencies that recorded bullish spikes against their respective three-month average.
Notably, the metrics used to measure these bullish spikes include active addresses, network growth, whale transactions, shark/whale accumulation, social dominance, and exchange outflow.
Today's key #onchain alpha metric leaders, according to #bullish spikes against their own 3m average:Active Addresses (Unique network addresses): $AERGO, $AXS
Network Growth (New addresses on network): $AERGO
Whale Tx ($100K+ Transactions): $AERGO, $ELON, $SLP
Continued pic.twitter.com/WCX3wtm9R8
— Santiment (@santimentfeed) October 31, 2023
The market tracker noted that in terms of active addresses representing u…
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