Week at Polkadot: Monthly active accounts hit record high.

Welcome to Decrypt’s Week on Polkadot. polka dot ecosystem.

The number of monthly active accounts on Polkadot hit an all-time high last April, the highest since the start of 2022 when the parachain, one of the key distinguishing elements of the ecosystem, was first launched.

Meanwhile, ahead of the community vote on Polkadot’s implementation of the JAM upgrade, many parachains, including smart contract platform Moonbeam, have reached near all-time highs in the number of active users.

You can check out the full breakdown of the stats here. here.

Polkadot transactions also increased by 48% last quarter, according to an analysis by blockchain research firm Messari. XCM messages, which Polkadot uses to communicate with blockchains that use different consensus mechanisms, grew 94% quarter-on-quarter and 314% over the past six months.

Asynchronous backup applies to relay chains.

Asynchronous backing, a new approach to how parachain blocks are verified in a relay chain, has been enabled on Polkadot.

The Web3 Foundation stated that the new update will speed up block creation, increase available block space, and increase the usability of parachain blocks. This can help with use case applications across gaming and DeFi.

Compared to traditional ‘Synchronous Backing’, the new system can lower the risk of discarding potentially useful block data.

With asynchronous backing, multiple unenclosed parablocks can now exist simultaneously in the relay chain pipeline.

A parablock is a chunk of transaction data that is sent from various parachains back to a relay chain for verification.

In traditional synchronous systems, if blocks are not added immediately, they are often discarded, which can unnecessarily waste the network’s computing power.

StellaSwap comes with a new analytics dashboard

StellaSwap, one of the most popular DEXs for Polkadot-based tokens, is now available on Dune Analytics.

A new public dashboard gives StellaSwap users access to key indicators about Dune’s P2P marketplace. This includes daily volume, pool analysis, swap volume, active accounts, and unique accounts.