We just witnessed @CantoPublic's biggest week to date and have been thrilled to see the excitement surrounding the ecosystem π₯
Let's take a deeper look π§΅:
Let's take a deeper look π§΅:
One of the biggest upticks we saw was in trading volume. The Canto DEX saw over $380M in volume in the past week, with a single day high of $75M last Wednesday.
Notably, Canto remained in the top 10 highest traded chains throughout the week.
Src: @NeoBase_Studios, @DefiLlama
Notably, Canto remained in the top 10 highest traded chains throughout the week.
Src: @NeoBase_Studios, @DefiLlama
While an increase in trading volume is great, what excited us most at Plex was the increase in development activity on the network π οΈ
The last week alone saw more smart contracts deployed than in the rest of January combined.
Src: @Plex_Official
The last week alone saw more smart contracts deployed than in the rest of January combined.
Src: @Plex_Official
User count on Canto also exploded over the past week, and we welcomed over 9,000 new Settlers π!
Along with new users, we saw the transaction count on Canto increase dramatically, reaching over 165k transactions during the past week.
src: @Plex_Official
Along with new users, we saw the transaction count on Canto increase dramatically, reaching over 165k transactions during the past week.
src: @Plex_Official
More users usually means more assets bridged to Canto and that trend continued with over $51M bridged this week.
This has led to Canto consistently ranking among the top 10 chains bridged to from Ethereum daily.
Src: @TransposeData
This has led to Canto consistently ranking among the top 10 chains bridged to from Ethereum daily.
Src: @TransposeData
We want to thank all the contributors and community members that help make Canto a vibrant ecosystem.
We look forward to continue building on Canto, and have several interesting projects in the works! Stay tunedπ€
We look forward to continue building on Canto, and have several interesting projects in the works! Stay tunedπ€
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