What Is the Difference between an “Active User” and a “Transacting User” in Blockchain Analytics?

A "transacting user" is an address that has initiated a confirmed transaction on the blockchain within a specified period. An "active user" is a broader term that may include transacting users, but also addresses that have interacted with a smart contract, voted in governance, or held a token for a specific utility without necessarily initiating a value transfer.

The "active user" metric attempts to capture all forms of meaningful engagement, while "transacting user" is strictly focused on economic transfers.