Monad Testnet Sees Major Shift in Activity

A recent analysis from Dune reveals a notable change in Monad testnet activity. Weekly transactions have plummeted by 44.4%, dropping to 66.16 million, compared to the previous period. This decline contrasts with an increase in active addresses, which surged by 47.16% and reached 3.28 million users. The Monad testnet’s total address count currently stands at a robust 309 million, with recent additions amounting to 97,063 new accounts over the past 24 hours.