State of the Network: April 2026

April 2026 State of the Network Report

This report provides an overview of the Swarm network's key metrics for April 2026, including rewards, participation levels, and node distribution, and places them in context with recent monthly trends.

Network Total Monthly Rewards

This metric shows the total storage incentive rewards paid out across the network each month.

Month	Total Network Rewards (xBZZ)
November	39,109
December	38,477
January	31,172
February	20,967
March	16,450
April	12,265

Total network rewards in April were 12,265 xBZZ, down from 16,450 xBZZ in March.

Monthly Median Win Values

Month	Median Win (xBZZ)
November	12.04
December	11.53
January	9.21
February	6.72
March	4.76
April	3.72

The median win value in April was 3.72 xBZZ, down from 4.76 xBZZ in March.

Monthly Average Win Values

Month	Average Win (xBZZ)
November	13.09
December	11.68
January	9.25
February	6.78
March	4.81
April	3.74

The average win value in April was 3.74 xBZZ, down from 4.81 xBZZ in March.

Active Staking Node Monthly Average Earnings

Month	Avg Monthly Earnings (xBZZ)
November	19.40
December	18.68
January	16.07
February	11.62
March	9.08
April	6.78

Average earnings per active staking node in April were 6.78 xBZZ, down from 9.08 xBZZ in March.

Total Active Staking Nodes by Month

Month	Total Active Staking Nodes
November	2,018
December	2,060
January	1,939
February	1,804
March	1,812
April	1,808

The total number of active staking nodes in April was 1,808, a slight decrease from 1,812 in March.

Total Reachable Full Nodes Regardless of Active Status

Month	Total Reachable Full Nodes
November	5,299
December	4,760
January	4,270
February	4,086
March	4,089
April	4,098

Total reachable full nodes in April increased marginally to 4,098, up from 4,089 in March.

Total Winning Nodes by Month

Month	Total Winning Nodes
November	1,433
December	1,513
January	1,456
February	1,427
March	1,471
April	1,434

The number of winning nodes in April was 1,434, down from 1,471 in March.

Total Active Staking Nodes by Country

Country	Active Staking Nodes
Finland	1,636
Germany	79
Unknown	47
Canada	14
Hungary	9
United States	7
Ireland	4
Estonia	3
Norway	2
Brazil	1
Cyprus	1
Japan	1
Martinique	1
Portugal	1
Spain	1
Ukraine	1

Finland continued to account for the overwhelming majority of active staking nodes in April with 1,636 out of 1,808 total nodes, followed distantly by Germany with 79 nodes.

Total Nodes By Country Regardless of Staking Status

Country	Reachable Full Nodes
Germany	2,278
Finland	1,658
Canada	63
France	54
Hungary	12
United States	8
India	4
Estonia	3
Czechia	2
Lithuania	2
Russia	2
Australia	1
Austria	1
Brazil	1
Ireland	1
Japan	1
Portugal	1
Singapore	1
Slovakia	1
South Africa	1
The Netherlands	1
Ukraine	1
United Kingdom	1

Germany led the total reachable full node count with 2,278 nodes, followed by Finland with 1,658, together accounting for the vast majority of the network's reachable capacity.

Conclusion

April 2026 continued a multi-month downward trend in reward metrics, with total network rewards falling to 12,265 xBZZ from 16,450 xBZZ in March, and per-node average earnings dropping to 6.78 xBZZ. Active staking node count remained essentially flat at 1,808, and total reachable full nodes held steady at 4,098, suggesting stable network participation despite declining reward levels. Finland maintained its dominant position in active staking with over 90% of nodes, while Germany retained its lead in total reachable full node count.