Date: 2022-03-08

The following analysis will focus on new active wallets in the past 90 days and their activity in the Terra Ecosystem. A new active wallet is a wallet with its first transaction in the last 90 days.

All data is from March 8th and 90 days ago.

New active wallets

New active wallets - First of all we'll find all wallets which had at least on transaction in the last 90 days and no transactions before the last 90 days.

We found 365,284 new active wallets for the past 90 days. On average this is more than 120k new active wallets per month.

The chart above shows the number of new active wallets on the day with the first transaction.

Those new active wallets generated more than 5.2 Million transactions in the past 90 days. That is a bit more than 14 transactions per wallet on average.

The bar chart shows that by far the most wallets only did between 1 and 10 transactions. We see also that there are only a few super active new wallets out there.

The list above shows the Top 5 super active wallets with their incredible number of transactions.

The last charts shows the number of different transaction event type per wallet. We could see that most wallets interact with 4 to 7 different event types, which is kind of diverse!

Conclusion

We could see an impressive amount of new active wallets in the past 90 days, 365,284! We also see that their first interaction was very evenly distributed over the 90 days. Those new wallets generated over 5.2 Million transactions in those 90 days, but most of these transactions where generated by only a few hyperactive wallets. Most of all wallets interacted in a very diverse way within the Terra Ecosystem, which is in my eyes a very good sign for the ecosystem.

Thanks for reading!

This analysis was created on 2022–03–08 for a bounty at Flipside Crypto by piper to answer the following questions:

Terra - Getting Your Feet Wet, Part 1: Make a table containing wallet addresses whose first transaction was 90 days ago or less. Analyze how active they have been since that first transaction, based on either 1) the number of transactions; 2) the number of protocols interacted with, or 3) the number of different types of transactions undertaken. (deposit, delegate, vote).

All data used are from Flipside Crypto.

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