Coinbase, a major cryptocurrency exchange, introduces the H-Index, a novel metric aimed at addressing distortions in blockchain adoption measurements.

Traditional metrics like daily transactions are susceptible to manipulation by tactics such as Sybil attacks and airdrops, prompting the need for a more accurate assessment tool.

The H-Index considers both the number of addresses and the diversity of senders, providing a clearer picture of blockchain activity.

According to Coinbase's analysis, Ethereum (CRYPTO:ETH) remains dominant, but its layer-2 solution, Base, emerges as a notable competitor in blockchain innovation.

While the H-Index isn't foolproof and can still be influenced by factors like blockchain architecture, it represents a significant step towards transparency in adoption metrics.

Coinbase's initiative aims to combat fraudulent activities like Sybil attacks and airdrops, ensuring a more honest portrayal of blockchain innovation.