On-chain data analysis using Flipside Crypto platform. Use of SQL queries and dashboard for the Ink blockchain activities.
🔗 Live Dashboard: HERE
Developed an interactive dashboard using Flipside Crypto to analyse the Ink blockchain token transactions and user activity. Extracted on-chain data with SQL, filtered high-volume tokens and visualised trends in transaction volume, token usage and user behaviour to support data-driven insights into the blockchain activity.
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Unique Wallet Participation: Monthly active wallet count showed consistent growth up to January 2025, reflecting increasing user engagement. However, activity has declined since then, likely due to broader market conditions.
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Smart Contract Usage: A large portion of transactions are contract-related, suggesting INK is used for more than just transfers — possibly dApps or token interactions. This metric has shown steady growth over time.
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Developer Activity: Weekly unique contract deployers spiked in January and March 2025, but overall developer activity remains relatively low, suggesting a small but occasionally active builder community.
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Token Transfer Pattern: WETH and stablecoins dominate transfer volume on INK, signaling that the chain is primarily used for financial transactions like trading, bridging, or liquidity movement — rather than for speculative or entertainment use cases (e.g., meme tokens or NFTs).
- For protocol teams: Monitor user and dev adoption on INK.
- For investors: Evaluate chain utility (finance-focused vs. speculative).
- For analysts: Benchmark growth against other Layer2s.
- SQL
- Flipside Dashboards for visualisation
