1a [Algo] Most Popular ASAs

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    Finding the top ASAs

    To find the top ASAs, I used the transactions as the metric to measure these by. There were a couple of nuances I had for measuring these:

    1. I excluded the transactions where the senders were the same as receiver.
    2. Some application transactions spawn multiple transactions and have a tx_group_id. For these types of transactions, I only counted them once since it's one group.

    Insights

    Once the above ground rules were settled, here's what I found:

    1. PLANET seems to be the top ASA with more than 119 Million transactions!
    2. Most of the top 10 seem to be shitcoins/NFT assets.
    3. There are some legitime ASAs in top 10 including popular stablecoins which is encouraging for the Algorand ecosystem.
    4. Over 5 Million wallets are holding the "YouNow Pending Props" and 11 Million wallets are holding these "Props" ASAs.
    5. Nearly 3 Million wallets are holding USDC and USDT which is again encouraging for the Algorand adoption.

    Transactions over time

    Looking at the transactions involving these top 10 ASAs over time, we can see that the NFT/shit-coins dominate the transactions in most weeks. Legitimate coins are a blip on most weeks.