According to the latest data, the Polkadot network's transaction processing volume reached 24,327,571 in July, averaging about 784,000 per day, an increase of 9.1% compared to June, showing a good development momentum.

Analyzing the performance of various parallel chains, we can observe some interesting changes:

Frequency still maintains a leading position, but the growth rate has slowed down, with a monthly trading volume of over 8.33 million transactions. Following closely is Phala, with a trading volume exceeding 4.47 million transactions, showing a slight increase of 3.2% month-on-month.

It is worth noting the Mythos parallel chain, which saw its trading volume surge by 42.2%, reaching over 4.16 million transactions, demonstrating strong growth momentum. Moonbeam also performed well, with trading volume surpassing 3.75 million transactions, a month-on-month increase of 11.2%, showing its continued ability to attract users.

The newly emerged parallel chain Peaq has entered the top ten for the first time, demonstrating strong development potential with 547,000 transactions. Meanwhile, the transaction volume of the Polkadot main chain itself has also seen a significant increase, rising by 34.8%.

Other notable parallel chains include Unique and Hydration, which grew by 11.3% and 16.9%, respectively. In contrast, Neuroweb and Robonomics experienced a slight decline but still remain among the top ten.

These data reflect that the activity level of the Polkadot ecosystem is on the rise, with the rapid emergence of new parachains bringing new vitality to the entire network. Although the performance of individual parachains varies, the overall Polkadot network shows a trend of robust growth, demonstrating its potential and appeal as a multi-chain ecosystem.

With the addition of more innovative projects and the continuous optimization of existing ones, we can expect Polkadot to perform even better in the future and make significant contributions to the development of the blockchain industry.