- Unisat saw spikes in some key on-chain metrics.
- The platform has completed its Pizza airdrop.
Analysis found that Unisat, the Bitcoin service provider known for its Ordinals marketplace, has recently experienced a spike in several on-chain metrics, including volume, transactions and users.
This increase was attributed to the recently completed PIZZA airdrop, which significantly increased activity on the platform.
Unisat sets volume record
An analysis of marketplaces on the Bitcoin network found that Unisat has recently experienced a spike in a number of key metrics.
A study of the volume op Dune Analytics revealed that it has been growing steadily in recent days, with a significant increase on June 9.
The chart showed that the platform recorded volume of over $4.5 million that day, marking an all-time high (ATH).
Moreover, this was the highest daily volume recorded on any platform on June 9.
Source: Dune Analytics
Furthermore, an analysis of the number of transactions showed consistent growth.
The chart indicated that the number of transactions at the time of writing exceeded 8,000, marking an all-time high (ATH). Like the volume, this number was also the highest recorded on any platform.
Further analysis showed that, thanks to the volume spike, Unisat captured more than 48% of the total volume in the market. Moreover, its share of the transactions amounted to more than 50%.
Unisat registers ATH in users
Despite the increase in volume and transactions, data showed that cumulative unique users on Unisat still lag behind other major platforms.
At the time of writing, the number of unique users was approximately 125,000. While this is relatively low compared to other platforms, it represents an increase from previous weeks.
The change in the number of users became more visible in the daily user statistics.
Analysis of the data showed that the number of unique daily users reached a new high of over 9,500. This was the highest number Unisat has ever seen.
It was also the highest among the other platforms. The closest competitor had about 6,000 daily users.
Pizza airdrop contributes to spike in statistics
The main reason for the spike Unisat saw in these statistics was the Pizza airdrop.
A few months ago, the platform announced the airdrop of its token, PIZZA. According to his post on June 9, all PIZZA tokens were dropped to addresses that claimed them.