How to Analyze On-Chain Data: 5 Key Metrics for Crypto Investors in 2025?

Active Addresses Surge 14% in 30 Days, Indicating Growing Network Adoption

Heima's network has experienced remarkable growth over the past month, with active addresses increasing by 14% in just 30 days. This significant surge represents a clear indication of strengthening user confidence and expanding adoption of the HEI ecosystem. Network activity metrics serve as crucial indicators of blockchain health and user engagement, with the current data suggesting Heima is gaining substantial traction in the competitive crypto landscape.

The growth pattern aligns with Heima's evolution as a robust infrastructure platform, as evidenced by comparative network performance:

| Metric | Previous Period | Current Period | Change | |--------|----------------|---------------|--------| | Active Addresses | Baseline | +14% | Growing | | Market Capitalization | $24.26M | $27.66M | +14.02% | | Trading Volume (24h) | $24.75M | $69.82M | +182.10% |

This address growth reflects increasing institutional and developer interest in Heima's technology stack. The network's expansion mirrors similar patterns seen in established blockchain ecosystems during periods of accelerated adoption. As more users engage with the platform, network effects strengthen, creating a virtuous cycle of growth and utility. Transaction data further supports this trend, with heightened activity across multiple use cases including DeFi applications, showing Heima's versatility as both a payment solution and development platform. The steady price performance amid this growth demonstrates market confidence in the project's fundamental value proposition.

Transaction Volume Reaches $70M in 24 Hours, Reflecting Increased On-Chain Activity

Heima (HEI) has demonstrated remarkable market activity with its transaction volume surging to $70 million within a 24-hour period. This significant on-chain activity indicates growing investor interest and blockchain engagement in the Ethereum ecosystem. The surge aligns with HEI's expanding presence across multiple trading platforms, now available on 66 active markets globally.

The transaction metrics reveal important insights about HEI's market positioning:

| Metric | Value | Change | |--------|-------|--------| | 24h Volume | $70,310,686 | +182.10% | | Current Price | $0.36033 | -0.45% | | Market Cap | $27,662,635 | - | | 7-Day Price Movement | +6.31% | - | | 30-Day Price Movement | +14.02% | - |

Despite a minor 24-hour price decrease of 0.45%, HEI has maintained positive momentum over longer timeframes with impressive 7-day and 30-day growth figures. This robust transaction activity demonstrates HEI's maturing market presence since its February 2025 launch.

The high trading volume relative to market capitalization indicates substantial liquidity and trader engagement with the token. As a DeFi project operating on both Ethereum and BNB Smart Chain platforms, HEI's cross-chain presence has facilitated greater accessibility for traders. The substantial volume increase of 182.10% within 24 hours further validates heightened market interest in this privacy-focused Layer 1 solution.

76.77% of Total Supply in Circulation, Suggesting Broad Token Distribution

Heima's token distribution presents a significant indicator of its market structure, with 76.77% of HEI tokens currently in circulation. This high circulation percentage—76,770,015 out of the total 96,580,568 supply—suggests a well-distributed token economy where a substantial portion of tokens are actively held by various market participants rather than being concentrated among a few entities.

Token distribution metrics offer valuable insights into cryptocurrency health and decentralization levels. The current circulation statistics for HEI demonstrate a pattern consistent with mature, well-distributed cryptocurrencies:

| Metric | Value | Significance | |--------|-------|-------------| | Circulating Supply | 76,770,015 HEI | 76.77% of total supply | | Total Supply | 96,580,568 HEI | Maximum available tokens | | Max Supply Cap | 100,000,000 HEI | Ultimate supply limit |

This distribution ratio is particularly noteworthy when compared to the project's relatively recent launch in February 2025. The broad distribution achieved in this timeframe indicates strong market adoption and investor confidence. With HEI trading across 66 active markets and generating over $70 million in 24-hour trading volume, the token has demonstrated substantial liquidity—another positive indicator supporting its healthy circulation pattern.

The decentralized nature of HEI's distribution creates a more stable ecosystem, potentially reducing volatility risks associated with concentrated token ownership and helping safeguard against market manipulation tactics.

Average Transaction Fee Trends Downward, Enhancing Network Usability

HEI has demonstrated a promising downward trend in average transaction fees, significantly improving the overall network usability for users across the ecosystem. This positive development follows a similar pattern to what was observed after Ethereum implemented EIP-1559 in 2021, which restructured the transaction pricing mechanism by introducing a base fee system. The reduced transaction costs directly benefit the everyday user experience by making blockchain interactions more affordable and accessible.

| Period | Transaction Fee Trend | User Impact | |--------|----------------------|------------| | Post EIP-1559 | Decreasing | Lower costs, improved accessibility | | Current HEI Network | Downward trajectory | Enhanced network usability, increased adoption |

The transaction fee reduction creates a virtuous cycle for the HEI network. As fees decrease, more users can participate in network activities without prohibitive costs, driving higher adoption rates and increasing overall network utility. Data from the network shows that users are now able to execute more transactions at a fraction of the previous cost, enabling more frequent interactions with decentralized applications on the platform. This fee optimization stands as a critical factor for HEI's long-term growth strategy, positioning it advantageously within the competitive blockchain landscape while maintaining network security and efficiency.