Transparent addresses receiving their first ever on-chain output, per day. This is an address count, not a user count. Zcash wallets derive a fresh address per receive, exchanges hand every customer their own deposit address, and change can land somewhere new.
So one person can create many addresses, and a returning one creates none. Read it as the rate at which new transparent destinations appear on the chain. Mining payouts are stacked separately because they create addresses with nobody being onboarded.
Shielded addresses cannot appear here at all: they leave no on-chain address to count, so growth that moves into the shielded pools is invisible to this chart by construction.
New Transparent Addresses / Day was 2,160 on 2026-10-23, the last full day of data. That is 51.0% lower than 28 days ago, when it was 4,408.
🔗 permalink ⇆ compareTransparent addresses receiving their first ever output, per day. It is tempting to read this as new users, and it is not. Wallets derive a fresh address per receive, exchanges hand every customer their own deposit address, and change can land on an address that has never been seen before. One person can generate hundreds in a week.
What it does track is transparent-layer surface area — how much new distinct space the visible side of the chain is using. A sustained rise means more separate destinations, whoever is behind them.
And it is transparent only. A shielded address is never announced on-chain, so growth in shielded usage is invisible here by construction — this line can fall while private activity rises.