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    Unique Users on Algorand

    Compare the number of unique wallets that have sent a transaction since February 1st on Algorand vs Solana vs Ethereum vs Terra. How does user adoption seem to be trending for Algorand compared to these other major chains? Does it appear that market conditions are slowing down growth or activity on the networks?

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    Method

    In this dashboard, I compared the number of users (wallets) who had transactions on 4 main networks and compared the number of daily transactions on them. (Since February 1st)

    Unique wallets

    In the following graph, you can see the number of unique wallets that had transactions on their networks. For Solana I considered all transactions including failed ones.

    As you can see Solana had the most active users on all dates and they changed between 800k to 1.5M.
    Ethereum had an average of 400k active users. Terra and Algorand are two networks with low active users. until February 15th they had similar numbers (50k active users) then daily active users on Algorand jumped to around 300k but after March 4th it became a low number (even lower than Terra users).

    Transactions

    In the following table, you can see the number of transactions that happened on Algorand, Terra, and Ethereum ( Because of the huge number of transactions on Solana, they are not presented on this graph)

    As you can see Algorand has the most number of transactions(even though it had the lowest number of daily active users). then Ethereum is in the next place and Terra has the lowest number of transactions.
    It is interesting that all 3 of them have almost similar behavior in the number of transactions.