Google Search Index for 'On-Chain' Spikes by 500%

IconCryptoNewsTerminal Staff24 Jul, 2024

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Google Search Index for 'On-Chain' Spikes by 500%

The Google search index for the keyword "on-chain" has surged 5x in recent weeks, hitting its highest level ever, according to data from Google Trends. The index for the keyword spiked from a score of around 19 in early 2024 to around 100 recently. The media outlet The Block noted that "Search interest doesn't correlate directly with market performance or other factors, but it can be an interesting sign that there's room to grow." The index assigns a value from 0 to 100, representing how popular a given search term is relative to the highest point on the trend.