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Openchat weekly roundup (Jan 13th-19th)

Welcome back to another weekly Roundup for Open Chat!

OpenChat has added 11,600 new users in just three weeks, marking a significant growth milestone. Of these, 5,600 users have verified their identities via Decide ID, enhancing trust and authenticity on the platform.

This surge represents 5.33% of OpenChat’s total user base, highlighting its rising popularity and commitment to a secure, authentic user experience.

OpenChat’s user base continues to expand, with 1,900 new registrations last week, reflecting its growing popularity. Notably, 1,600 of these users verified their identities through Decide ID, enhancing trust within the platform.

Source: tokenterminal

Last week, OpenChat achieved a significant milestone by reaching 217,300 registered users —a testament to the rapid growth of the ICP ecosystem.

OpenChat User registration count: 217.3K

OpenChat User registration count (referred): 100.9K

Source: tokenterminal

In addition, OpenChat’s user engagement continues to strengthen, with the number of daily and monthly active users reaching an all-time high and showing a clear upward trend:

Daily Active Users (DAU): 16.9K

Monthly Active Users (MAU): 32.5K

Source: tokenterminal

Furthermore, the consistent increase in the daily claimed CHIT count highlights the effectiveness and positive impact of the CHIT-to-CHAT initiative, further incentivizing user activity and engagement.

Last week, over 16,000 users claimed their CHIT rewards on OpenChat, setting a new all-time high. This trend reflects a significant increase in the platform’s active user base, underscoring its growing engagement and adoption.

OpenChat‘s growth metrics demonstrate its strong momentum and continued success within the ICP ecosystem.

Source: tokenterminal

The average daily user online time on OpenChat remained consistently high last week, averaging approximately 2,750 to 2,800 hours per day which is the highest average weekly online time recorded since Token Terminal started tracking this metric in February of 2024.

Source: tokenterminal

Moreover, the daily message count on OpenChat has remained elevated with a clear upward trend starting in September 2023, underscoring the growing engagement and activity within the community.

Source: tokenterminal

Additionally, the daily message reaction count hit an all-time high on Openchat last week, showcasing the community’s growing engagement and increased interactions.

Source: tokenterminal

Holder Statistics for OpenChat

The number of OpenChat addresses continues to surge, reaching a total of 151,941 addresses.

Source: tokenterminal

It is noteworthy that on January 19th884 new addresses were added. This represents the second highest number of new addresses since November 1st, 2024. This significant increase in addresses highlights the platform’s continued growth.

Source: icterminal.com

Key Highlights:
  • The number of addresses holding more than 1,000 and 10,000 CHAT has been steadily increasing, demonstrating a growing interest from larger stakeholders in the ecosystem.
  • The supply of CHAT held by addresses with 1K–10K CHAT remains elevated, indicating a solid mid-tier holder base.
  • The supply of CHAT held by addresses with 100K–1M CHAT reached an all-time high last week, highlighting increased accumulation by significant investors within this range.
 

OpenChat has announced several exciting updates aimed at improving user experience, scalability, and developer support:

New Features
  • Initial Bot SDKs: A new toolkit to help external developers build bots on OpenChat. GitHub Repository
  • Verified Communities/Groups: Blue tick verification for communities via proposals (coming soon).
  • ICPSwap Withdrawal Fixes: Support for withdrawing funds if a previous withdrawal failed after swapping.
  • Quick Reactions: A new feature for faster message interactions, developed by Ivan, the latest addition to the team (coming soon).
Scalability & Performance Enhancements
  • Larger Canister Support: Enabling the installation of canisters exceeding the 2MB ingress message size limit.
  • Memory Usage Optimizations: Further improvements to enhance platform scalability and performance.
These updates showcase OpenChat’s ongoing commitment to innovation and platform stability, ensuring a seamless experience for users and developers alike.
 
Overall, OpenChat has experienced an extraordinary amount of growth in the last few weeks, and we are excited to see what comes next in the following weeks and months.

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