According to ChainCatcher, Coinbase pointed out in a research report on Friday that traditional network indicators such as total transaction volume or daily active addresses may be distorted by fake currency attacks and airdrop activities. To solve this problem, Coinbase has launched a new indicator for blockchain analysis: the h-index, which looks at the number of addresses that have received at least the same number of transactions. An h-index of 100 means that 100 different receiving addresses have received transactions from at least 100 unique sending addresses within a certain period of time.
Using the h-index , Ethereum and Base had the most extensive user activity in the week ending June 6 , followed by Arbitrum and Polygon. Coinbase acknowledges that the metric is imperfect, but believes that the h-index can "provide a new perspective for comparing chain adoption by mitigating the outsized impact of Sybils and measuring growth more broadly."
