Active Wallets on Terra
Define "Active Wallets" on Terra. Based on your definition, display the active wallets by day, month, and Year-To-Date in 2022.
In this analysis, You will read about Active wallets on the Terra blockchain. We want to know How active are they. I draw a series of Daily, Weekly, and Monthly charts and show their activities.
Charts on this analysis:
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Top 100 Wallets
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Total Number of Active wallets in 2022
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Total Daily Activities based on 'Active Wallets' - Whale and Regular
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Total Weekly Activities based on 'Active Wallets' - Whale and Regular
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Total Monthly Activities based on 'Active Wallets' - Whale and Regular
In my opinion, Those wallets that had at least 10 transactions each month from the beginning of the year are the active wallet. Also, I counted those who had activities from a wallet. To wallets are not counting.
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January -> AT least 50
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FEBRUARY -> At least 50
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MAY -> At least 50
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April -> At least 50
IMPORTANT NOTE: In time series charts, I divided Bot's activities and the regular user's activities. In my opinion, those wallets that had above 1000 transactions in four-month (YEAR to Date) are bots and those under 1000 are regular users.
I used the Terra transaction table and found users that had at least 10 transactions each month. Then matched each month's users to the next month. Users should have at least 10 transactions each month. If a user didn't have at least 50 transactions in one of the months of 2022, I removed it from my analysis.
The below result shows the top 100 active wallets in 2022. I did not divide active wallets into bots and regular users in this table. Most of them are not regular users.
The total active wallets in 2022 are 6,720 users that had at least 50 transactions each month.
The below charts show the total daily, weekly, and monthly activities based on 'Active Wallets' per Bots and Regular users.
According to the below chart, the Cumulative activities growth of active bots and regular users are similar to each other. Both experienced growth over time from January until April. January to February about 100% growth, February to March about 60% and March to April about 40% growth.
Written by Hess
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discord_id: hess#0890
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twitter_id: @hessaminanloo