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Back to On-Chain Metrics
Network Adoption

Transfer Volume

What Is Transfer Volume?

The total USD value of Bitcoin transferred on-chain during a given period. Measures the economic throughput of the Bitcoin network.

How to Interpret

Growing transfer volumes reflect increasing economic activity on the network. Compare to market cap to assess whether the network is being effectively utilized.

Live Chart

Chart provided by CheckOnChain.com

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More Network Adoption Metrics

Miner Fees

The total transaction fees paid to miners by users sending Bitcoin transactions. Reflects urgency of transactions and demand for block space.

Fee Ribbon

Multiple moving averages of daily miner fee revenue, creating a ribbon-like visual. Helps identify sustained trends in block space demand and network adoption.

Script Types

Analysis of Bitcoin transaction types by script format (P2PKH, P2SH, P2WPKH SegWit, P2TR Taproot). Shows the adoption rate of newer, more efficient transaction formats.

Address Cohorts

Breakdown of Bitcoin addresses by their balance size — from shrimp (< 1 BTC) to whales (> 10,000 BTC). Shows how different wealth classes are accumulating or distributing.

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