Simply put, DAA indicates the daily level of crowd interaction (or speculation) with a certain token. We currently offer DAA for BTC, ETH (including all ERC20 tokens) and EOS.
One potential use case for DAA is identifying the tops. Let’s look at an example:
This is a DAA graph for Zilliqa, an ERC-20 project that aims to make blockchains faster and more scalable.
As you can see, there’s been a giant spike in daily active addresses at the beginning of May 2018, coinciding with the price rally. But it only lasted a few days, followed by a rapid decline in price.
A huge spike in DAA can indicate that the interest in a project - both speculative and otherwise - has peaked.
If the increased network activity proves unsustainable over the coming days, it could signal an impending downward trend.