Basic of reading blockchain explorers like Solscan and Solana Explorer

Trading insights are a valuable resource to extract from on-chain data, it’s a must for crypto traders. Whether you analyze a crypto transactions, another trader, or to predict macro behaviors, here are some metrics to monitor:

• Active Addresses: Indicates the number of wallets interacting with the network.
• Transaction Volume: Reflects the level of activity and usage on the network.
• Exchange Inflows/Outflows: Reveals the buying and selling pressure from the market.
• Whales Volume: Reveals the level of activity from wallets owning a large amount of assets.
• Miner Revenue: Shows how profitable the network is for miners.
• Hash Rate: Represents the security and strength of the blockchain.

Use these metrics allows traders to identify trends, understand market sentiment, and refine your trading strategies. Combining on-chain data with other cryptocurrency trading analysis methods, track your win rates and good luck!