# Robinhood Chain Transaction count Methodology

## 1. Overview

Transaction count measures the number of confirmed transactions added to the blockchain. It reflects how actively users engage with the network. For Robinhood Chain, this metric is utilized to provide visibility into the overall execution activity and throughput of the network over time. By analyzing the volume of confirmed transactions, user engagement and network adoption can be evaluated.

## 2. Data sources

- **Blockchain events**: Transaction records from the Robinhood Chain ledger, covering Robinhood Chain

## 3. Step-by-step calculation

### Component A: Robinhood Chain transaction extraction

- **Purpose**: Extract raw transaction data from the ledger
- **Logic**: Transaction data is ingested from the Robinhood Chain ledger. For each transaction, the block timestamp, transaction hash, sender address, and recipient address are extracted.
- **Key fields**: `block_timestamp`, `transaction_hash`, `from_address`, `to_address`

### Component B: Daily transaction aggregation

- **Purpose**: Aggregate transaction volume on a daily basis
- **Logic**: Transactions are truncated to daily granularity using the block timestamp. The total number of unique transactions is calculated by counting distinct transaction hashes. The aggregated counts are grouped by day, chain, and product.
- **Key fields**: `timestamp`, `transaction_count`

### Component C: Metric finalization

- **Purpose**: Ensure data integrity and maintain a continuous time series
- **Logic**: The aggregated transaction counts are validated against approved chain and data identifiers. A zero-value assignment is applied to days with no transaction activity to maintain a continuous daily time series.
- **Key fields**: `transaction_count`, `timestamp`

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Confirmed transactions added to the blockchain.

Transaction count

Robinhood Chain

Transaction count

Transaction count

Chain breakdown