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