The increase rate of daily active users had a spike in the beginning of the year 2022.

This increase rate continued till the end of February.

Then it was quite constant till April 25th, and then starts to decrease.

Let's investigate the reasons.

First, the price chart of OSMO:

It seems that when the price of the OSMO passed its ATH in the beginning of 2022, active users starts to increase. This passing the ATH is itself caused by some fundamental reasons.

The active users continually increased till mid April which the price starts decreasing.

There was some fundamental reasons too that cause fluctuation in price and active users.

Here, I've brought some of them from the twitter account of the OSMOSIS:

• Single Asset LP (Dec 18,2021)
• Osmosis Support DAO Mission (Dec 22,2021)
• Announcement of some features in next month (Dec 31, 2021)
• Hit a ATH on price, daily volume and TVL (Jan 4, 2022)
• Terra bridge added OSMO (Jan 4, 2022)
• Easier to run Osmosis node (Jan 11, 2022)
• Trust wallet starts to support Osmosis (Jan 14, 2022)
• Increase amount of $UST volume trading on Osmosis (Jan 22, 2022)
• Osmosis became in top 10 chains by TVL with only 1 DeFi protocol (Jan 25, 2022)
• Introduce superfluid (Feb 23, 2022)
• Deactivate IBC channel to Osmosis (May 13, 2022)
• Announcement of working on using USDC on Osmosis (May 27, 2022)