Polygon Q4 2021 Analytics
Polygon has released their first analytics newsletter providing valuable statistics regarding their on-chain metrics.
Daily active users on the Polygon network has consistently grown in the past month, reaching about 347,000 users per day.
The cost per transaction on average is about $0.032 on Polygon, which is considerably lower than the cost per transaction on Ethereum which is currently averaging about $25 per transaction according to Messari analytics.
As a result of using Polygon, users are saving about $95 million dollars on gas fees compared to using Ethereum.
Polygon is also seeing about 3.5 million transaction per day. While this number is lower than its peak daily transaction count in June 2021, it is still higher than the daily Ethereum transaction count of about 1.2 million transactions per day.