This graph shows the aggregate amount of tokens across all transactions that happened on the network on a certain date. We currently offer Transaction Volume for BTC, ETH (including all ERC20 tokens) and EOS.

A spike in transaction volume either signals:

  1. large amount of tokens moving, or
  2. large number of transactions

While not as strong of a price indicator as some other metrics in our suite, Transaction Volume can still be used for thorough mid-term analysis, or in tandem with other indicators.

Here's the trx volume graph for Basic Attention Token (BAT), a decentralized ad network:

The per-day graph is still a bit noisy, so let's smooth it out with a 7-day moving average (done with 1 click in Sandata):

As you can see, the correlation between price and trx volume can both be evident and strenuous at different times.

That said, the metric remains a strong complementary signal in any serious trading analysis.

SanAPI

Fetch total amount of tokens for a project that were transacted on the blockchain, grouped by interval. Projects are referred to by a unique identifier (slug).

This metric includes only on-chain volume, not volume in exchanges.

Grouping by interval works by summing all transaction volume records in the interval.

Run in explorer

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{
  transactionVolume(from: "2019-05-12T09:45:27.283Z", interval: "1d", slug: "dragonchain", to: "2019-06-26T09:45:27.283Z") {
    datetime
    transactionVolume
  }
}

Run in terminal

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curl \
  -X POST \
  -H "Content-Type: application/json" \
  --data '{ "query": "query{transactionVolume(from:\"2019-05-12T09:45:27.283Z\",interval:\"1d\",slug:\"dragonchain\",to:\"2019-06-26T09:45:27.283Z\"){datetime,transactionVolume}}" }' \
  https://api.santiment.net/graphql

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