Applications on Algorand
This dashboard shows How have the number of application calls changed in the first 6 months of 2022 compared to the last 6 months of 2021?
- Get the average number of transactions calls per day since 1st June 2021.
- Get the average number of transactions calls per block since 1st June 2021.
- Get the number of wallets making application calls since 1st June 2021.
- Compare and discuss how the numbers change between 2nd half of 2021 and 1st half of 2022.
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As we can see, the numbers for 2022 are much higher than the numbers for 2021, although we have to mention that the most number of transaction calls is concentrated during the end of last year and beginning of this year. Besides that, we see some other high peaks during February and May. \n
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Overall 1st half of 2022 is much stronger than the 2nd half of 2021. Last year the number of transaction calls started to pick up during October; In 2022 we have strong numbers throughout the entire year so far, with some very high peaks as mentioned before.
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We see that both charts are pretty similar in terms of highs and lows, they both have the same peaks on the same days, which is kind of expected.
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- As we can see the numbers on this chart are significantly lower. However, we can also appreciate some very high peaks during the same dates as our previous chart.
- Again, the number of wallets is much higher during 2022, although it has been getting lower over time but still not as low as June-August 2021.
It is clear that the number of transactions calls and the wallets making applications calls is much much higher in 2022 than it was in 2021, crypto in general gained a lot of popularity during the last months of last year a a lot of new users made their way into it, not to mention that Algorand itself has been gaining some popularity as well, in march the Algorand Team announced that they reached 10 million accounts in the blockchain (source)[https://www.algorand.com/resources/algorand-announcements/algorand-reaches-10-million-accounts-as-adoption-accelerates\], which is impressive for a relatively new blockchain, now we are in arguably the worst bear market that we have been in a while, yet it seems to not be reflected in users and transactions calls because the numbers are still strong, and even though they have been decreasing over time, it is still much higher than the 2nd half of 2021 ever was, let’s see if they can keep the pace during the 2nd half of 2022.