From the above graph, we could infer that on an average we get somewhere around 300K above transactions per day, which is a positive sign with Terra network.

The below graphical representation provides the average exchange Rrate of Transaction fees on Terra network and the total transactions happened in the past 6 months.e

The below graph clearly explains the change of Transaction Fees on Terra network over the past 6 months on a daily basis trend.

Conclusion:

From the above graphs, we can feel like a relatively healthy number with huge spike of transactions recorded in July month. Since Terra is Secured and due to its block Finality, Terra blockchain is able to achieve hundreds of transactions per second in Crypto World.

Unlike Other Blockchains, Users on Terra Ecosystem has the flexibility to pay Transaction fees using any Currency type they choose like USD ,JPY etc.

Terra transactions usually pay a small amount of fee to miners and these Fees in general default to 0.1% and are capped at 1%, which means that transacting with Terra will be much feasible when compared to transacting with traditional payment options such as credit cards etc.