Applications on Algorand
Question:
Q108. How have the number of application calls changed in the first 6 months of 2022 compared to the last 6 months of 2021?
Start off by looking at:
-Average number of TX calls per block, day
-Number of wallets making application calls
Then do your own analysis that shows whether there is more or less application usage on Algorand in the first half of 2022 compared to the 2nd half of 2021.
Approach
The aim of this essay is obtaining the application calls on Algorand ecosystem on different time frames. The core target of this investigation wants to estimate the usage of protocols on Algorand blockchain.
The Methodology of this essay contains the following steps:
-
Application call
from flipside_prod_db.algorand.application_call_transaction
-
The last 6 month of 2021
BLOCK_TIMESTAMP between '2021-07-01' and '2021-12-29' -
The first 6 month of 2022
BLOCK_TIMESTAMP between '2022-01-01' and '2022-06-29'
The key findings of this investigation have been listed as below:
- In the first 6 month of 2022, the 7.4 million distinct wallets calls over 37 million applications on Algorand.
- The 1.83 million distinct wallets calls over 13 million application on the last 6 month of 2021.
- The area related to the application calls in first 6 month of 2022 demonstrates the increasing usage of applications on Algorand.
- The average transactions related to app calls per block for the first 6 month of 2022 is 11 transaction per block and its about 2 times more than average transaction per block of the last 6 month of 2021.
- The usage of Algorand apps are enhanced sharply over time and its the proof of incredible projects on Algorand and popularity increment of this ecosystem in 2022.