Welcome to the Core Blockchain Overview. A one-stop-shop for the Core community to get up to speed on the network’s latest updates, metrics, releases, insights, ecosystem developments and more. All in one place.
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The Core blockchain by the numbers
Network’s daily transactions: 400.84K (-33.5%)
Total unique addresses: 40.4M (+5.87%)
ERC-20 daily tokens transferred: 44.1K (-26.37%)
Total CORE delegated: 165.32M (-0.6%)
Total BTC staked: 5,427 (+1.2%)
Top 3 Core validators by hybrid score:
The metrics are accurate at the time of publication. The percentage change is over a 14-day period.
Inside the network
🔸What we’re watching: Core released its 2024 Developer Ecosystem report highlighting the network's rising development activity and infrastructure growth throughout the year.
🔸Why it matters: In 2024, Core DAO had notable growth in the ecosystem with over 2,000 developers onboarded, 31,500 smart contracts deployed, and 250 live projects running on the mainnet. Its growing developer activity on the network suggests a rising interest in building applications on a Bitcoin-secured infrastructure, combining its security with smart contract capabilities. Core developers are utilizing the ecosystem's infrastructure to participate in DeFi development and BTCfi innovation.
In terms of users, the network also achieved an all-time high this year with 822,653 daily active users that did 329.3 million total transactions. The network averaged 336,460 daily transactions, with a peak of over 1.7 million daily transactions. These metrics indicate increased and sustained user engagement with Core based applications and services, highlighting broader adoption – even beyond developers.
Core's growth also displays the increasing adoption of Bitcoin-secured and EVM-compatible infrastructure with an all time high of 177 million CORE and 8,200 BTC staked last year, currently valued at $879,341,862.
On the bitcoin front, 75% of miners' hashrate was delegated to Core Network. This means that the general bitcoin mining community is honing in on Core and are actively participating in securing the network, suggesting confidence in the platform's security model.
🔸The bigger picture: Core’s growing developer and user base has positioned itself as a leader in BTCfi innovation. The network is helping to transform bitcoin from a store of value into a yield-generating asset with smart contract capabilities.
Flagship projects like Colend, Bitflux, and Glyph Exchange are expanding DeFi capabilities while maintaining Bitcoin's security foundation. This year, Core plans to scale its ecosystem through new incentive programs, global hackathons, and expanded educational initiatives, and continuing its mission of bridging Bitcoin's security with smart contract functionality.
The growth in developer and user activity on Core suggests a stronger interest toward BTCfi and the network’s applications. Thus, showing it has evolved into an ecosystem for DeFi development and bitcoin innovation.
Scaling the ecosystem
Core ranked as the top Bitcoin layer across pools for staking APY at 15.6, according to tkvresearch data
Total unique active wallets on Core is up 21.36% to 4.7M over a 30-day period, DappRadar data shows
The top 3 Core-integrated dApps by UAW are also up during that time frame:
IceCreamSwap: 1.27M (+391.54%)
World of Dypians: 798.75K (+42.48%)
Pixudi: 674.78K (+0.82%)
Satoshi App, an onchain perpetual futures exchange, has passed $6.5M in TVL since launching in early Jan
Check out the Core blog for more updates.
Into the Core community
Listen to the latest Core Builder Session with BQ Labs, a decentralized insurance infra for Bitcoin
Bitcoin Magazine interviewed Core Contributor Rich Rines in an article discussing the future of Bitcoin
Watch the interview here
Tune into the Core Gaming Hackathon Workshop livestream on masting game design
AKKA Finance hosted an AMA diving into DeFi on Core
Avalon Labs, which is integrated with Core, unveiled its mission to power Bitcoin’s onchain capital markets
Join in the fun
Want to dive deeper into the Core blockchain?
Headed to Consensus Hong Kong? So is Core Contributor Rich Rines - check out his talk on the main stage on Feb. 20 at 2:55PM HKT
Want to earn rewards? Here’s a user guide on how to get involved in Core BTCFi Campaign
Apply to the Core Ambassador program and help grow the ecosystem
Explore Core’s Initiative Page for ongoing and upcoming incentive programs
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This product was built by Token Relations.
This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.