Applications on Algorand
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According to these results:
- 52.7 million application calls have been made between 2021-07-01 and 2022-06-30.
- Of these 57 million application calls, 72% (37.9 million) are related to the first six months of 2022 and 28% are related to the last six months of 2021.
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According to these results:
- The average number of application calls per day in the first 6 months of 2022 is more than the last 6 months of 2021.
- The highest average number of application calls per day corresponds to January 2, 2022, which is equal to 595.06 thousand application calls.
- The average number of application calls in the first 6 months of 2022 is about 2.5 times higher than the average number of application calls in the last 6 months of 2022.
- Usually, the number of application calls increases when the price dumps or pumps.
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According to these results:
- The number of application calls in the first 6 months of 2022 is about 1.8 times higher than the number of application calls in the last 6 month of 2021
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Description of work
In this work, we want to compare the application calls in ALGORAND in the last 6 months of 2021 with the last 6 months of 2022 from different perspectives, including:
- The number of application calls between 2021-07-01 and 2022-06-30
- The average number of TX calls per day
- The average number of TX calls per block
- Number of wallets making application calls
- For calculations related to this question, we use the
algorand.application_call_transaction
table - For better interpretation of the charts, ALGO price has also been added to them.
- To better display the price of ALGO on the charts, we have multiplied it by 100,000 and 300,000.
According to these results:
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The number of wallets that have made application calls in the first 6 months of 2022 is about 3.8 times higher than the number of wallets that have made application calls in last the last 6 months of 2021
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Usually, the number of wallets that have made application calls increases when the price dumps or pumps.(This case was also seen for tx_id in section 2)
Conclusion
- The number of application calls in all the reviewed criteria including the number of wallets, tx_id per block, and tx_id per day in the last 6 months of 2021 is lower than in the first 6 months of 2022.
- Usually, the total number of application calls increases with dump or pump in ALGO price.
- As seen in the algo price chart, these price changes are more intense in 2022 and have caused more application calls in 2022 than in 2021.