May 6, 2024
Foundation

State of the Network: April

The April state of the network report offers insights into the continuing evolution of the Swarm network, showcasing adjustments across various metrics. Despite fluctuations in rewards, April saw sustained engagement from node operators, reflecting participant resilience.

Network Total Monthly Rewards

This metric shows the total rewards paid out across the entire network for each month.

Month Total Network Rewards (xBZZ)
November 148,617
December 159,865
January 157,596
February 152,974
March 104,657
April 76,024

chart-Total-Network-Monthly-Rewards

The total rewards paid out across the entire network decreased in April, amounting to 76,024 xBZZ.

Monthly Median Win Values

This metric is the median win amount for each win event.

Month Median Win Values (xBZZ)
November 46.83
December 48.06
January 47.43
February 49.15
March 27.43
April 22.27

chart-Monthly-Median-Win-Values

April saw a decrease in the median win values from to 22.27 xBZZ.

Monthly Average Win Values

This metric is the average win amount for each win event.

Month Average Win Values (xBZZ)
November 47.41
December 57.75
January 51.20
February 54.42
March 34.96
April 25.43

chart-Monthly-Average-Win-Values

Similarly, the average win values experienced a decline to 25.43 xBZZ in April

Active Staking Node Monthly Average Earnings

This metric shows the average monthly earnings for an active staking node (with an “active node” defined as a node which has submitted a commit transaction at least once in the month).

Month Avg Total Earnings per Node (xBZZ)
November 8.12
December 12.40
January 13.89
February 13.21
March 7.71
April 5.64

chart-Avg-Total-Earnings-per-Node

The average monthly earnings for active staking nodes decreased to 5.64 xBZZ in April.

Total Active Staking Nodes by Month

This metric shows the total active staking nodes by month.

Month Total Active Staking Nodes
November 20,868
December 12,891
January 11,350
February 11,576
March 13,571
April 13,486

chart-Total-Active-Staking-Nodes

The total number of active staking nodes remained relatively stable at 13,486 in April, indicating sustained participation in network staking activities.

Total Winning Nodes by Month

This metric shows the total number of unique active staking nodes which have won at least once within the month.

Month Total Winning Nodes
November 2,787
December 2,308
January 2,474
February 2,814
March 2,413
April 2,486

chart-Number-of-Winning-Staking-Nodes-by-Month

April recorded a slight increase in the total number of unique winning nodes to 2,486, showcasing continued engagement among staking participants.

Total Active Staking Nodes by Country

This metric shows the total number of active staking nodes across the top four countries and all other countries aggregated into the “Other” category, as well as the remaining nodes in the “Unknown” category.

China Germany Finland Unknown United States Other
November 16,145 2,225 1,961 37 363 137
December 8,333 2,001 1,919 265 312 61
January 6,696 1,937 1,769 701 181 66
February 6,787 1,958 1,952 688 116 75
March 7,785 1,953 2,232 1,408 91 102
April 7,249 1,912 2,291 1,851 92 91

Total Staking Nodes by Country

The geographic distribution of active staking nodes in April reflected similar trends as the previous month, with minor changes in node counts across different categories. China, Germany, and Other saw slight decreases while Finland slightly increased, and there was a notable increase in the Unknown category, with United States having almost no change.

Conclusion

The April report underscores the ongoing adjustments and resilience within the Swarm network, as evidenced by sustained participation despite fluctuations in rewards and earnings. The geographic spread of nodes further highlights the network’s global reach.

Follow Swarm community news on X / Twitter.
Discussions about Swarm can be found on Reddit.
All tech support and other channels have moved to Discord!
Please feel free to reach out via info@ethswarm.org
Join the newsletter! .

By clicking on Subscribe you consent to usage of your given e-mail address for receiving communication and news about the Swarm project and news. Data will be controlled and processed by Swarm Foundation.