The key metric to measure when tracking the success of Steem is transactions per day. A crypto token combined with a social network has never existed before and the monetary incentives a crypto token provides has the potential to drive a wildly passionate user base. Demonstrating strong growth in transactions per day proves that this ecosystem is really thriving.
Thanks to Steemle and Blockchain.info, its easy track that data. Surprisingly, on August 4th there were 189,345 transactions on the Steem network and 228,244 transactions on the Bitcoin network). Not bad for a protocol that’s been fully functional for about a month! It took Bitcoin 6 years to get to that many transactions per day.
