The crypto market is filled with various narratives and emotional fluctuations, but underlying data never lies. To objectively assess the true development level of Dusk Network, it's better to look at on-chain metrics rather than just listening to stories. These data points are like a dashboard for network health, providing an intuitive reflection of the ecosystem's real condition.

First, let's look at network security. Currently, over 200 million $DUSK tokens are locked in staking, which is a good sign. But the key factor is the staking rate—that is, the proportion of staked tokens relative to the circulating supply. The higher the ratio, the more stable the network, indicating that token holders are genuinely optimistic about its long-term development. A large amount of tokens being locked also means market selling pressure can be relatively alleviated. Additionally, the number and geographic distribution of validator nodes are crucial, as they directly impact the network's decentralization and resistance to attacks.

Next, let's consider activity levels. The number of active addresses daily/weekly is the most direct indicator of the user base. After the launch of DuskEVM mainnet, whether this data can continue to rise is very important—true ecosystem prosperity will inevitably be accompanied by growth in independent users. Also, pay attention to the number of daily transactions and total Gas fee consumption. More transactions indicate a busier network, while total Gas consumption better reflects the actual volume of economic activity. These are key to measuring the real value of the ecosystem.