Introduction

Algorand is a layer one decentralized blockchain-based network that supports smart contracts and multiple applications.  Algorand network is highly secure, scalable, lightning-fast and cost-efficient and uses the Proof of Stake consensus algorithm.

In this dashboard, we are going to investigate applications calls on Algorand in the last year.

Method

Our main source of data for this bounty will be flipside_prod_db.algorand.application_call_transaction table. We’ll check out the number of application call transactions per block, the number of unique wallets making these calls, and the total/average number of app calls.

We can see that by the numbers it’s obvious there has been a great increase in both the Number of application calls and the Number of distinct wallets making those calls.

Let’s see the same numbers over time.

There has been an upwards trend in both the number of transactions and unique wallets since mid-October 2021.

Now we can start to look at the stats for the number of transactions per block.

We can see that the daily chart has the same structure as the number of total transactions and the average number of transactions per block has almost doubled since 2022.

Observations

Comparing the last 6 months of 2021 and the first 6 months of 2022:

• The total number of transactions almost doubled in 2022.
• The number of unique wallets making application calls has quadrupled in 2022.
• The Transaction per Block stat has also doubled in 2022.
• This general trend started in mid-October 2021 and still going strong.