MCG Bitcoin Intelligence SystemMCGBitcoin Intelligence System
43 stale

Network Adoption

Is the Bitcoin network itself growing? Each metric is a ratio of the trailing 30-day average to the trailing 365-day average — above 1.0 means activity is expanding year over year. Synced daily from public blockchain data; thresholds and weights are configurable in Admin.

Adoption category score
65/100
Category weight: 6
7 weeks of history · 138 daily readings
View in Market Health
Active addresses
1.004
Growing · Rising moderately
Week over week+0.003
Month over month+0.026
Bullish above1.1
Bearish below0.9
Weight in category6
Hash rate
0.991
Contracting · Rising moderately
Week over week+0.01
Month over month+0.049
Bullish above1.1
Bearish below0.9
Weight in category5
Transfer volume
1.134
Growing · Rising moderately
Week over week+0.052
Month over month+0.246
Bullish above1.15
Bearish below0.85
Weight in category6

Adoption growth — weekly

All three ratios resampled to one point per ISO week (Monday start). The reference line at 1.0 separates expansion from contraction.

Active addresses — daily

Trailing 30-day average of unique active addresses divided by the trailing 365-day average. Above 1.00 means user activity is accelerating.

Hash rate — daily

Trailing 30-day average network hash rate divided by the trailing 365-day average. Rising security spend signals miner conviction in future adoption.

Transfer volume — daily

Trailing 30-day average estimated USD transfer volume divided by the trailing 365-day average. Measures economic throughput on the network.

Daily reading log

Most recent automated readings from Blockchain.com network data.

DateMetricRatioStateTrend
2026-10-18Hash rate0.991contractingRising moderately
2026-10-18Active addresses1.004growingRising moderately
2026-10-18Transfer volume1.134growingRising moderately
2026-10-17Transfer volume1.131growingRising moderately
2026-10-17Active addresses1.003growingRising moderately
2026-10-17Hash rate0.991contractingRising moderately
2026-10-16Active addresses1.003growingRising moderately
2026-10-16Hash rate0.99contractingRising moderately
2026-10-16Transfer volume1.128growingRising moderately
2026-10-15Active addresses1.002growingRising moderately
2026-10-15Hash rate0.99contractingRising moderately
2026-10-15Transfer volume1.124growingRising moderately
2026-10-14Active addresses1.001growingRising moderately
2026-10-14Transfer volume1.112growingRising moderately
2026-10-14Hash rate0.986contractingRising moderately
2026-10-13Hash rate0.982contractingRising moderately
2026-10-13Transfer volume1.092growingRising moderately
2026-10-13Active addresses0.997contractingRising moderately
2026-10-12Active addresses0.995contractingFalling moderately
2026-10-12Transfer volume1.076growingRising moderately
2026-10-12Hash rate0.981contractingRising moderately
2026-10-11Hash rate0.981contractingRising moderately
2026-10-11Active addresses1.001growingRising moderately
2026-10-11Transfer volume1.082growingRising moderately
2026-10-10Active addresses1.003growingRising moderately
2026-10-10Transfer volume1.092growingRising moderately
2026-10-10Hash rate0.975contractingRising moderately
2026-10-09Transfer volume1.086growingRising moderately
2026-10-09Hash rate0.977contractingRising moderately
2026-10-09Active addresses1.001growingRising moderately
2026-10-08Hash rate0.974contractingRising moderately
2026-10-08Transfer volume1.038growingRising moderately
2026-10-08Active addresses0.997contractingRising moderately
2026-10-07Active addresses0.994contractingRising moderately
2026-10-07Hash rate0.969contractingRising moderately
2026-10-07Transfer volume1.004growingRising moderately
2026-10-06Transfer volume0.978contractingRising moderately
2026-10-06Hash rate0.97contractingRising moderately
2026-10-06Active addresses0.988contractingFalling moderately
2026-10-05Transfer volume0.95contractingRising moderately
2026-10-05Hash rate0.962contractingRising moderately
2026-10-05Active addresses0.986contractingFalling moderately
2026-10-04Active addresses0.992contractingFalling moderately
2026-10-04Hash rate0.96contractingRising moderately
2026-10-04Transfer volume0.968contractingRising moderately
2026-10-03Active addresses0.995contractingFalling moderately
2026-10-03Hash rate0.964contractingRising moderately
2026-10-03Transfer volume0.984contractingRising moderately
2026-10-02Hash rate0.962contractingRising moderately
2026-10-02Active addresses0.991contractingFalling moderately
2026-10-02Transfer volume0.967contractingRising moderately
2026-10-01Transfer volume0.867contractingFalling moderately
2026-10-01Hash rate0.959contractingRising moderately
2026-10-01Active addresses0.98contractingFalling moderately
2026-09-30Transfer volume0.864contractingFalling moderately
2026-09-30Hash rate0.958contractingRising moderately
2026-09-30Active addresses0.979contractingFalling moderately
2026-09-29Active addresses0.979contractingFalling moderately
2026-09-29Transfer volume0.862contractingFalling moderately
2026-09-29Hash rate0.958contractingRising moderately
2026-09-28Hash rate0.952contractingRising moderately
2026-09-28Active addresses0.976contractingFalling moderately
2026-09-28Transfer volume0.863contractingFalling moderately
2026-09-27Active addresses0.983contractingFalling moderately
2026-09-27Transfer volume0.901contractingRising moderately
2026-09-27Hash rate0.947contractingRising moderately
2026-09-26Transfer volume0.921contractingRising moderately
2026-09-26Hash rate0.944contractingRising moderately
2026-09-26Active addresses0.986contractingFalling moderately
2026-09-25Transfer volume0.898contractingRising moderately
2026-09-25Active addresses0.984contractingFalling moderately
2026-09-25Hash rate0.946contractingRising moderately
2026-09-24Active addresses0.985contractingFalling moderately
2026-09-24Transfer volume0.901contractingRising moderately
2026-09-24Hash rate0.944contractingRising moderately
2026-09-23Hash rate0.945contractingRising moderately
2026-09-23Transfer volume0.9contractingRising moderately
2026-09-23Active addresses0.985contractingFalling moderately
2026-09-22Active addresses0.979contractingFalling moderately
2026-09-22Hash rate0.948contractingRising moderately
2026-09-22Transfer volume0.859contractingRising moderately
2026-09-21Hash rate0.945contractingRising moderately
2026-09-21Transfer volume0.82contractingRising moderately
2026-09-21Active addresses0.974contractingFalling moderately
2026-09-20Hash rate0.943contractingRising moderately
2026-09-20Active addresses0.98contractingFalling moderately
2026-09-20Transfer volume0.865contractingRising moderately
2026-09-19Transfer volume0.896contractingRising moderately
2026-09-19Active addresses0.981contractingFalling moderately
2026-09-19Hash rate0.945contractingRising moderately