The Daily Active Addresses (DAA) metric in the crypto space is often misused and can create confusion with Daily Active Users (DAU). Experts are urging people to stop using DAA for fundamental analyses, as recent data reveals its flaws. DAA measures the number of crypto wallet addresses that perform at least one transaction in a day. However, addresses are not the same as users, particularly on bot-dominated chains like Solana and Base. One user can control numerous addresses, artificially inflating the number of daily active addresses. This manipulation can be malicious or profit-driven, exploiting incentives like Maximum Extractable Value (MEV). Solana has become a favorite blockchain for bot operators due to its high liquidity and MEV dynamics. The prevalence of bot activity and transaction failures on Solana affects metrics like DAA. Similar concerns exist for Near Protocol and Ethereum's second-layer Base. The inflated DAA metric is often reported but is considered misleading. Traders and investors should approach such metrics with caution, understanding that they may not provide conclusive insights alone.



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