Introduction

In this dashboard,The ALGO$ that are sent over time to different wallets are analyzed for finding if there is any trend in the transactions by the users after January 2022.The on-chain datasets are used to retrieve the necessary data for the addressed bounty.

Methodology

$ALGO tokens that are sent were grouped into divisions of 10 ,ie, giving a range such that 1-10 comes under division ,then 10-100 and so on. These are considered as the asset range and the corresponding transactions are also accounted and their volumes are taken.All these reduced values are aggregated for attaining daily data of the query.

The payment by the count of the transactions in different ranges of ALGO$ tokens transacted are displayed herewith.The different ranges are aggregated to see if there is any trend in the transactions.Its seen the count of the transactions is declining where over time the 0-10 ALGO$ ranged above 150K came decreasingly to 28k.This overall change is visible in all the ranges defined here.Now let us look into the case of volume of the transactions.

Upon considering the volume of the transactions over the same period of time,it is also seen that the trend is almost similar as in the case of the count of transactions where the volume of the token had been reducing since the initial days of the year,but then for the case of the 0-10 range, a small increase towards the end can be seen comparing the volume a week back.The same is followed by all the range where the volume was decreasing and then towards the end, it shows an increasing trend.

Conclusion

On charting the day-by-day transactions and the volume of the tokens, It is seen that the overall trend is decreasing and shown an increasing texture, particularly in the case of Volume.The transaction size keeps on reducing since the start of the year though there was the hike in them during mid-February.