Address Birth-Death Ratio

Overview

This indicator calculates the ratio of new addresses being created to the number of addresses with a balance that have not made a transaction in over one year. It provides insights into the growth and recurring activity of a blockchain's user base by contrasting 'New Addresses' with 'Dormant Addresses'.

The indicator is calculated by counting the number of new addresses created (New Addresses). Similarly, counting the number of addresses with a balance that have not made a transaction in over one year (Dormant Addresses). The ratio is then calculated by dividing the number of New Addresses by the number of Dormant Addresses.

💡 How can I use it?

This indicator provides a measure of the growth and activity level of the blockchain's user base. A high ratio could suggest rapid growth or high activity levels, while a low ratio might indicate slower growth or lower activity levels.