Try Quests to earn cryptoCompare USDC transfer volumes on Algorand, Solana, Ethereum in 2022.
- Chart the daily volume of USDC that is sent between wallets on each blockchain for 2022.
- Chart the daily # of USDC transactions that are sent between wallets on each blockchain for 2022.
- Find the average USDC transfer size for each blockchain in 2022.
- Compare the trends of USDC transfers on each chain and note your findings.
The charts below show the daily volume of USDC that is sent between wallets on each blockchain for 2022.
The charts below show the average daily USDC transfer size for each blockchain in 2022.
The charts below show the number of daily USDC transactions that are sent between wallets on each blockchain for 2022.
- The total volume of USDC transactions on the Ethereum blockchain in 2022 is much higher than other chains.
- According to the charts above, the average daily volume of USDC transferred is the highest in Ethereum and the lowest in Algorand.
The values below show the maximum amount of USDC transferred between different wallets since the beginning of 2022.
The values below show the total volume of USDC transferred between different wallets in 2022 on different chains.
- The common feature of all the above charts is that all of them have seen a significant increase in the amount of USDC transferred between different wallets on some days. That's why we all see sudden jumps in the charts of all of them.
- The difference in the volume of USDC transferred on some consecutive days is very significant.
- The maximum volume of USDC transferred per day on the Ethereum chain is much larger than other chains.
- The rate of sudden jumps in the number of transactions on the Solana and Algorand chains is higher than on Ethereum.
The values below show the total number of transactions related to the USDC transfer between different wallets in 2022.
Given the above values, the number of USDC transactions on the Ethereum network is much higher than other networks.