HIVE Power Increased In The Last Period! | Historical Data On Hive Power

in #hive-1679223 years ago

There has been some more powering up in the last period and the total HIVE powered up has grown from around 147M in December to 152M at the moment.

Let’s take a look at the data.

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@thepeakstudio image

We will be looking at:

  • Hive Powered Up By Date
  • Hive Powered Up By Month
  • Hive Power Supply
  • Hive Power Share
  • Top Accounts That Powered up
  • Top Accounts That Powered Down

The period that we will be looking here is from the creation of the old chain 😊, March, 2016, since it influences the hive power overall.

Hive Powered Up

Here is the chart for the all-time Hive powered up.

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These are daily net columns that sum up the HIVE powered up and down for the day. Positive column means that there is more powering up on that they, and negative more powering down. The HIVE power from rewards/inflation is also included.

Here is the monthly chart for better representation.

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The war for the chain in March 2020 is dominating the chart. It really has left a mark on the chain. More than 40M HIVE was powered in that month, a lot of which from exchanges that were holding user funds.
In the last months, we can notice more positive columns.

If we zoom in for the last year we get this.

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This is a period from July 2020 until January 2022.

We can notice that in January there is more then 3M net positive HIVE powered up. November and December are also positive but with a smaller amounts. October 2021 is the only month in the last eight months that is negative and has more powering down, but with a very small amount. In the summer of 2021 there was also a lot of powering up with numbers higher then 3M on few occasions. Starting from June 2021, until now there is net positive 13.2M HIVE powered up, pushing the total HIVE power from 139M to 152M.

The yearly chart looks like this.

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2017 has been the one year with more HIVE powered down. A net 15M HIVE was more powered down then powered up. 2020 has been a record year powering up, with 15M more HIVE powered up.

HIVE Power Cumulative Supply

When we plot the cumulative HIVE power in the period, against the total supply we get this.

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The strong white is the HIVE power share. The light is the liquid HIVE. Notice the HIVE in the DHF, that was previously powered up, but then was transferred in the DHF and is now slowly converted to HDB over a period of five years.

Overall, the HIVE power has been growing slowly in the whole period, starting with under 200M, and has increased to around 218M where is now. Note that in the 2018M is included the HIVE from the DHF that is around 65M.

The liquid HIVE has been growing faster up until the last year when it dropped. A 156M liquid HIVE at the moment.

If we show the HIVE power in the period as a percent [%] of the supply we get this.

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We can notice the sharp increase in March 2020 here as well. A vertical line 😊.
A jump from 62% to 75% in HIVE powered up in a single day.
Overall, the HIVE power share has been going down. This is understandable as it started with a almost a 100% powered up. In the first years the drop has been more significant and then slow drop in the following years, up until 2021 when the Hive power share increased from 56% to 61%, and a slow decline to a 58% where it is now.

The share of liquid HIVE looks like this.

image017.png

A faster growth at the beginning, then a slowdown, a drop during the war, an increase afterwards and a drop last year.

Note that the liquid HIVE is not only corelated with the HIVE power, but also to HBD. Last year was a lot of HIVE converted to HBD and that removed HIVE.

The overall supply of HIVE at the moment looks like this.

image019.png

A 41% of the HIVE supply is powered up, a 152M. A 42% is liquid or 156M, and 17%, or 65M is in the DHF slowly converting to HBD. We can say that basically 58% of the HIVE supply is locked/powered up.

Top Accounts That Powered Up In January 2022

Who is powering up the most?
Here is the chart for January 2022

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The @newsflash account is on the top with a total of 840k HIVE powered up, followed by @elmerlin and then @steemmonsters.

Top 20 Accounts That Powered Down In January 2022

Who is powering down the most?

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Smaller numbers here with @newsflash again on the top with 136k HP powered down. @bluemist and @healthsquared are next.


As we can see starting from June 2021, each month has been net positive in HIVE powered up, with the exception of October 2021. A total of 13.2M net HIVE was powered in the period, increasing the total HP from 139M to 152M. In terms of percentage, after years of slow decline we have seen an increase in the percent in 2021 from 56% to 61%. The amount of liquid HIVE has dropped as well, but this is mostly because of the HIVE to HBD conversions.
In January 2022 the top 3 accounts have powered up more then 500k, while the top accounts have powered down just above 100k.

All the best
@dalz

Posted Using LeoFinance Beta

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This reflects growing long-term trust from new and old users alike towards Hive which will most likely drive the price up and up. Can't wait to watch these stats after a year now :))


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This is very nice to see. I just recently joined the platform and it gives me joy to see that it is a platform people trust and put their money and confidence in.

Ah, so many good stats. Great to look at the graphs showing growth of HIVE, from the first year of launching to this date,epic change on display.Hope, this blockchain improves a lot.

Thanks for sharing this info's and also congrats to the topper's who showed remarkable achievement in the broad field of HIVE.
👍💖

This makes a lot of sense to me and is something that I believe will continue.

It is going to come from a few places:

  • more people active looking at adding to their holdings. A few thousand smaller accounts looking to grow their HP can make a difference.

  • The RC delegation is going to create another means of investing if a market is created which seems likely.

  • Applications need for more RC through HP as more people use their apps.

Then, as mentioned, we have the HBD/HIVE correlation. How that unfolds is unclear at this time yet it makes sense that some will be eaten up, thus making HP even more desirable.

Posted Using LeoFinance Beta

A few 10k accounts would push the neadle a lot.
And those numbers are easy reachable.

HIVE-HBD on top of it. The only way out is a high HIVE price, but not to forget that will make the chain expensive :)

Posted Using LeoFinance Beta

Yes that is truly the "middle class". The 5K-10K range can really have a large impact if people focus upon it. Of course, a lot of smaller account doubling in size can collectively have a major impact.

I still believe HIVE is going to get scarce at some point here.

Posted Using LeoFinance Beta

It's awesome to see the amount of people powering up, and that the trend is holding. To offer an insight, here's my HIVE story.

  • I signed up to PeakD, coming from playing Splinterlands. I was going to blog, sell all hive, to fund the game.

In the end, that hasn't happened. I took a very small portion out early on, and since then, have been powering on and powering up. I'm already looking ahead at the next power up day (1st March).

Was great to read your post and see the data in that form, thanks for taking the time to do so.

Tim

Hey.... nice one, a Splinterlands player gone blogging :)
Thanks for the comment!

That's something cool to see.
If I am not wrong users are building trust on Hive platform. Also it's good to have your Hive powered up as we see some good rewards for curation.

I thought there might be a little less liquid HIVE than that. Is wanting to see a higher number fair?

How do those liquid numbers compare to say LEO? (Including the percentage that is not really liquid because it is locked in an LP as bLEO)

Posted Using LeoFinance Beta

From the @leo.stats.

60% so around the same as HIVE's 58%

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