Google search volume for ‘onchain’ is hitting unprecedented heights | Headlines | News | CoinMarketCap
07/25/2024 04:58Google search volume for the term "onchain" is hitting unprecedented heights, signaling a surge in mainstream interest in blockchain technologies. …
Google search volume for the term "onchain" is hitting unprecedented heights, signaling a surge in mainstream interest in blockchain technologies. The search interest score has skyrocketed 5x from around 19 at the start of 2024 to a peak of 100 in recent weeks, marking an all-time high.
This milestone coincides with record-breaking DEX to CEX trading volume ratios.
While impressive, it's worth noting search volume doesn't always directly correlate with adoption or market performance, suggesting there's still room for growth in actual blockchain usage.
Coinbase's recent promotion of "onchain summer” could further amplify this trend, potentially driving the search volume to new heights.
As one of the largest and most recognizable crypto exchanges, Coinbase's endorsement …