Hedera's on-chain activity can be assessed by analyzing the number and variety of transactions being processed and the level of engagement by developers and users. An increasing number of transactions and a growing user base indicate a healthy and active ecosystem.
Furthermore, the development of decentralized applications and smart contracts on the Hedera blockchain is an important factor to consider. The growth in the number and quality of dApps demonstrates the platform's appeal and usefulness to developers, as well as its potential to attract users. Show Less
