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USDC transfer volumes on Algorand, Solana, Ethereum in 2022
In this dashboard compared the amount and number of USDC transfers on three different networks (Ethereum, Solana, Algorand) on 2022
In the following charts, you can see the amount of daily transferred USDC and the number of transactions respectively.
The highest amount of transfer is for March 29th with the value of 132m USDC and the highest number of transactions is for February 24th with 28k transactions in one day.
Overall in 2022, more than 3.2 B USDC in more than 1.18M transactions transferred on Algorand Network.
In the following charts, you can see the amount of daily transferred USDC and the number of transactions respectively.
The highest amount of transfer is for February 2nd with the value of 1.07 B USDC and the highest number of transactions is for January 24th with 84.73k transactions in one day.
Overall in 2022, more than 31.42 B USDC in more than 3.65 M transactions were transferred on Solana Network.
In the following charts, you can see the amount of daily transferred USDC and the number of transactions respectively.
The highest amount of transfer is for January 21st with a value of 18.18 B USDC and the highest number of transactions is for January 22nd with 93.86 k transactions in one day.
Overall in 2022, more than 828.78 B USDC in more than 5.82 M transactions were transferred on Solana Network.
In the following graphs you can see the amounts and number of transactions on three mentioned networks in the same chart for better understanding the situation.
In the case of amount, there is a big gap between Ethereum and the other two networks but in the case of the Number of transactions, Solana has almost half of the Ethereum daily transactions but still in both charts Ethereum is first, Solana is second and Algorand is the last.
In the following graph, we have the average Values (Amount/Number of Transactions) :
As you can see in the above graph, in 2022, on Average we had a daily transfer of 142 k USDC on the Ethereum network, 8.6 k USDC on the Solana network, and 2.7 k USDC on the Algorand network
- Ethereum network has the highest amount of USDC transfers
- Ethereum network has the highest number of USDC transfer transactions
- Overall Even with the high fees on the Ethereum network, it is the most used network for transferring USDC