Introduction:

The official name for assets on Algorand is Algorand Standard Assets (ASA). With Algorand Standard Assets you can represent stablecoins, loyalty points, system credits, and in-game points, just to name a few examples.

In this dashboard, the most popular assets on Algorand are obtained based on these metrics:

• Counting the number of transfers
• Number of unique wallets that sent these assets

The most popular assets on Algorand blockchain by number of transfers since the beginning of February 2022 are shown in the table. As shown in this table, LC rapid ranking asset is the most transferred one with over 7 million transfers.

In the following figure, the number of transfers for these popular assets over time since the beginning of February 2022 is shown . As shown in this figure, LC rapid ranking and LC blitz ranking assets had the highest count of transfers on specific periods like Feb 1 to Feb 9 and it related to the recently partnered with World Chess community.

The most popular assets by number of unique wallets that sent these assets since the beginning of February 2022 are shown in this table. As shown in this table, USDT is sent by near 42500 unique wallets and was in the first place. Planet, yieldy and USDC are the rest of most popular tokens, respectively.

The movement of these popular assets over time since the beginning of February 2022 is shown in this figure. As shown in this figure, the application of USDT in transfers of Algorand blockchain is risen. Other top assets kept their consistent movement but yieldy assets usage in transfers by unique wallets is diminished. This relates to the decrease of usage yield app on Algorand by users.

The chosen time period for this investigation is since the beginning of February 2022.

Number of unique senders

Counting number of transfers