- How have the number of application calls changed in the first 6 months of 2022 compared to the last 6 months of 2021?
Algorand is a blockchain which started in June 2019.
Algorand blockchain is primarily designed to enable other developers to create new kinds of applications fuelled by cryptocurrency.
This investigation will be looking the daily activity of applications calls in the past year, which is one type of transactions made in Algorand.
Using Flipside Algorand transactions table is possible to separate the application call transactions from the others transactions types.
Application call usage starts to become significant from October 2021 at a rate of 1/10, but in 2022 the daily activity is a lot stronger reaching the max peaks at a rate of 1/4 in May 8th date when Luna starts wobbling.
Algorand applications calls are more active in the last 6 months increasing from 0-15% (2021) to 6-25%.
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Application call transactions are more frequent in 2022 than 2021.
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After April 2022, Applications Calls are more stable.
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New developers and new applications in the future can boost the activity to new peaks.