Number of Addresses Last Active >8 Years
Number of Addresses Last Active >8 Years measures the number of ICP addresses whose last successful transaction occurred more than eight years ago. This tier represents the longest-dormant addresses, capturing participants who have not engaged on-chain for a very extended period. It provides a window into the earliest and most historically inactive cohort of the network.
How it’s calculated
Addresses are analyzed based on the timestamp of their most recent successful transaction. Any address last active over eight years ago is included in this metric. Each address is counted once per measurement period, regardless of transaction history or current balance.
What this metric highlights
This metric illustrates the long-term persistence of inactivity within the network:
- Increasing count: Indicates that more addresses are aging into extended dormancy, adding to the oldest cohort.
- Stable count: Suggests a consistent set of very long-dormant addresses, reflecting participants that have remained inactive for nearly a decade or longer.
- Decreasing count: Could reflect reactivation, consolidation of addresses, or migration of activity into shorter dormancy ranges.
Limitations
When interpreting this metric, consider the following:
- Balance unknown: Addresses are counted equally, independent of how much ICP they hold.
- Identity not revealed: Addresses may belong to individuals, institutions, exchanges, custodians, smart contracts, or automated systems.
- No behavioral inference: Dormancy does not imply selling, lost access, long-term holding strategy, or intent; it only reflects the time since last activity.
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