Algo Active Wallets

    The Question :

    • Algorand Q30:

    Let's look at daily active addresses on Algorand.

    -Compare the number of active daily wallets for the month of January 2022 to December 2021 and January 2021.

    What day had the most active number of wallets in January 2022? Was there an event on Algorand associated with this date?

    Charts :

    As can be seen from the chart , the number of active wallets in January 2021 was between 20,000 and 25,000 per day, and the sum of this amount reached 1.34M active wallets.

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    In December 2021, the number of active wallets started from about 163 thousand and with its increases and decreases, it witnessed fluctuations, and on December 16, it reached 446 thousand with a significant jump. And then we see increases that, for example, reached 1.76M on December 22nd. The total number of active wallets in December 2021 will reach 12 million, which is an extremely significant figure.

    In January 2022, the number of daily active wallets started from 278K and continued with a relatively constant slope until January 11th and 12th.On the 11th of January, we see an increase in the number of active wallets, and especially on the 12th. This number has reached 413, which has almost doubled compared to the previous days.

    • This is the highest number of daily wallets in January 2022, which could be due to the Algorand's first AMA on 2022 on Twitter, 12th January.

    • The total number of active wallets in January reached 4.84M, which is eight times more than in January of the previous year and about 60% less than in December. This could be due to the effects of the New Year market on the increase in transactions in December.

    The following graphs, show the number of Algorand's active daily wallets for the month of January 2021 , December 2021 and January 2022 .