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    Active Wallets on Terra

    In this dashboard, we will investigate the active wallets numbers on Terra ecosystem. For this investigation, we will define 'Active' as wallet address that has made at least 50 transactions in 2022.

    First, let's take a look at the daily unique address count of addresses that has made 50 or more transactions this year.

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    From the graphs above, we can see that this year has seen an increasing trend in all monthly, weekly and daily number of active addresses. In conclusion, Terra has had this growth due to adoption into DeFi and $UST was made the main stablecoin on other layer 1 blockchain.