Essentially, this chart illustrates user adoption over time, and can be used to identify when the project is gaining - or losing - traction.

Here's a Network Growth graph for Aragon, which lets anyone create and manage a decentralized organization on Ethereum.

Between February and December of 2017, the Aragon network grew by 85-750 new addresses each day, and the price loyally followed.

Then, right around the start of 2018, the network growth slowly began to throttle. It indicated that the Aragon user base was already quite deep, and wouldn't be able to sustain future price growth.

What happened since speaks for itself.

SanAPI

This metric is calculated daily, so the interval should be selected accordingly.

Grouping by interval works by taking the mean of all newly added addresses in the interval. The default value of the interval is 1 day, which yields the exact number of new addresses for each day.

Run in explorer

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{
  networkGrowth(from: "2019-05-09T11:25:04.894Z", interval: "1d", slug: "ethereum", to: "2019-06-23T11:25:04.894Z") {
    newAddresses
    datetime
  }
}

Run in terminal

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curl \
  -X POST \
  -H "Content-Type: application/json" \
  --data '{ "query": "query{networkGrowth(from:\"2019-05-09T11:25:04.894Z\",interval:\"1d\",slug:\"ethereum\",to:\"2019-06-23T11:25:04.894Z\"){newAddresses,datetime}}" }' \
  https://api.santiment.net/graphql

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