# Transaction count Methodology

## Overview

Transaction count measures the number of confirmed transactions added to the blockchain. It reflects how actively users engage with the network.

## Data sources

- Raw blockchain transaction records and unique transaction hashes
- Block metadata and ledger headers
- Network performance APIs and daily monitoring statistics

## Common calculation approaches

### Transaction hash aggregation
Unique transaction hashes are aggregated daily from raw blockchain records to quantify network activity. For blockchains such as BNB Chain and Base, distinct hashes are counted from both Layer 1 and Layer 2 environments to provide a comprehensive view of transaction activity across the ecosystem.

### Block metadata extraction
Transaction totals are retrieved directly from block headers or ledger metadata. For example, on Solana, the `total_transaction_count` is extracted from block-level data to include all confirmed interactions, including asset transfers and program instructions. Similarly, transaction counts are derived from ledger records on the Stellar network.

### Statistical performance conversion
Daily totals are derived from high-frequency network performance metrics when direct hash counts are not the primary data source. On the Internet Computer, daily transaction counts are calculated by converting average transactions per second (TPS) statistics into 24-hour totals.

**Note:** The calculation approaches and protocol examples above are representative patterns. Individual protocol implementations may vary.

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

Confirmed transactions added to the blockchain.

Transaction count

Blockchains (L1)

StraitsX operates through partnerships with regulated financial institutions and maintains compliance with monetary authorities while issuing blockchain-native stablecoins backed by fiat reserves. The platform leverages multiple blockchain networks to provide interoperable payment infrastructure and generates revenue through transaction fees, institutional services, and API integrations with fintech partners and enterprises.

The project develops stablecoins and digital payment rails built on blockchain technology, focusing on facilitating cross-border payments and digital commerce in the ASEAN region. StraitsX operates regulatory-compliant digital currency solutions that bridge traditional finance with decentralized blockchain networks, enabling seamless fiat-to-crypto conversions and institutional-grade payment processing.

StraitsX is a Singapore-based fintech company that specializes in blockchain-based payment solutions and digital currency infrastructure for Southeast Asia.

StraitsX L1

Transaction count

Transaction count

Chain breakdown