State of the Network: August 2026

August 2026 State of the Network Report

This report provides an overview of the Swarm network's key metrics for August 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 Rewards (xBZZ)
March	16,450
April	12,265
May	14,384
June	16,040
July	18,359
August	20,891

Total network rewards in August were 20,891 xBZZ, up from 18,359 xBZZ in July, marking a fourth consecutive monthly increase since the April low.

Monthly Median Win Values

Month	Median Win (xBZZ)
March	4.76
April	3.72
May	4.15
June	4.86
July	5.41
August	6.04

The median win value rose to 6.04 xBZZ in August from 5.41 xBZZ in July.

Monthly Average Win Values

Month	Average Win (xBZZ)
March	4.81
April	3.74
May	4.26
June	4.87
July	5.44
August	6.23

The average win value rose to 6.23 xBZZ in August from 5.44 xBZZ in July, remaining close to the median.

Active Staking Node Monthly Average Earnings

Month	Avg Earnings per Node (xBZZ)
March	9.08
April	6.78
May	8.64
June	9.73
July	11.14
August	12.78

Average earnings per active staking node were 12.78 xBZZ in August, up from 11.14 xBZZ in July and the highest level in the period shown.

Total Active Staking Nodes by Month

Month	Active Staking Nodes
March	1,812
April	1,808
May	1,665
June	1,649
July	1,648
August	1,635

The number of active staking nodes was 1,635 in August, down slightly from 1,648 in July.

Total Reachable Full Nodes Regardless of Active Status

Month	Reachable Full Nodes
March	4,089
April	4,098
May	3,851
June	3,693
July	3,739
August	3,728

Total reachable full nodes were 3,728 in August, down from 3,739 in July.

Total Winning Nodes by Month

Month	Winning Nodes
March	1,471
April	1,434
May	1,367
June	1,388
July	1,351
August	1,337

The number of nodes winning at least once fell to 1,337 in August from 1,351 in July.

Total Active Staking Nodes by Country

Country	Active Staking Nodes
Finland	1,304
Germany	247
Canada	60
United States	6
Unknown	4
Estonia	3
Ireland	3
South Korea	3
Cyprus	1
Italy	1
Japan	1
Norway	1
Switzerland	1

Active staking remained heavily concentrated in Finland, which hosted 1,304 of the active nodes, followed by Germany (247) and Canada (60); every other country contributed fewer than ten nodes each, and four nodes could not be attributed to a country.

Total Nodes By Country Regardless of Staking Status

Country	Reachable Full Nodes
Germany	2,320
Finland	1,304
Canada	61
France	23
Estonia	3
South Korea	3
Czechia	2
Australia	1
Austria	1
Brazil	1
Cyprus	1
Italy	1
Japan	1
Norway	1
Portugal	1
Singapore	1
Ukraine	1
United Kingdom	1
United States	1

Reachable full nodes were led by Germany with 2,320 and Finland with 1,304, which together accounted for the large majority of the 3,728 total; Canada (61) and France (23) followed, with all remaining countries hosting three or fewer nodes each.

Conclusion

In August, reward-related metrics continued to rise: total network rewards, median and average win values, and average earnings per active staking node all increased relative to July, with total rewards recording a fourth consecutive monthly increase and average earnings per node reaching their highest level in the period shown. Participation edged lower across all three counts — active staking nodes, total reachable full nodes, and nodes winning at least once each declined modestly from July. Geographically, active staking remained concentrated in Finland and the broader population of reachable full nodes continued to be led by Germany, consistent with recent months.