What is Onchain Analytics?

Onchain analytics is the process of analyzing data from public blockchains to gain insights into the behaviour of users, transactions, and other activities on the blockchain. This type of analysis can be used to identify trends, detect anomalies, and uncover patterns that can be used to inform decisions and strategies. Onchain analytics can also be used to assess the health of a blockchain network, measure the impact of new features, and track the performance of different protocols.