ALGO Transaction Payment Size

    Check the number of Algrand payment transactions from January 1 until now.

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    Introduction

    Algorand is a high-performance blockchain based on the third generation of technology that implements a proof-of-stake protocol with quasi-random functions. Many call this project the third generation of the blockchain; Because it is able to solve the famous problem of scalability that has been bothering bitcoins for a long time. This project, while solving this problem, also maintains its decentralization and security

    Partners

    Currently, many prominent digital currency space projects support Algorand, including AlgoCapital, USV, Pillar, and more. The project was able to raise more than $ 66 million in stock in October 2018.

    main topic

    In this dashboard, we want to take a look at Algo payments from January 1 and see what has changed.

    • from 0 to 10 payment

      The graph below shows Algo payments from 0 to 10 from January 1

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    Well, with a little care in the graph above, we will see that the trend of Algo payments has been a downward trend since January 1.

    • from 10 to 100 payment

      The graph below shows Algo payments amounting to between 10 and 100 Algo from January 1 until now.

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    As can be seen, the trend of payments in this numerical range has also been a downward trend, and the number of transactions has increased from about 35,000 transactions on January 1 to about 19,000 on March 30.

    • from 100 to 1000 payment

      The graph below shows the pattern payment transactions in the numerical range between 100 and 1000 Algo. Let's take a look.

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    This graph is very similar to the graph of Algo payment transactions in the numerical range of 10 to 100, and the downward trend in the number of transactions can be seen in this graph.

    • from 1000 to 10000 payment

      Let's take a look at the number of Algo payment transactions in the numerical range of 1000 to 10,000 Algo. Look at the graph below.

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    It can be said that this graph shows a range trend. The number of Algo payment transactions has had a side trend since January 1.

    • from 10000 to up payment

      Well, let's see what the number of Algo payment transactions in the range of 10,000 and above is. Let's take a look at the graph below, which shows us this trend.

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    Yes, this graph also shows a downward trend, from the highest number of transactions on January 22, 2060 to 613 transactions on March 30.

    conclusion

    Examining the 5 Visualization above, it can be said that the trend of the number of payment transactions in Algo has been declining since January 1 until now, and in the payment range from 0 to over 10,000 Algo. It seems that the holders of this currency prefer to keep it and not pay. Holders are hoping for an increase in the price and growth of this currency according to its purpose and plans, and it seems that in the conditions that the market has had since January 1, the holders of this currency have decided to keep it.