New Year, New LUNA?

The holidays and New Year are often chaotic in the crypto and DEFI space, as users make a spree of new transactions and wallets as they receive (and give) some cash and coins as holiday gifts. Has this flurry of winter activity impacted the Terra ecosystem? Are users creating new wallets or buying tokens with their newfound holiday wealth? Are they staking all those new tokens once they get them? Or are they selling tokens to pay for their own gifts and holiday travel?

Subjects of study and methodology :

In this article i wanna take a look at Terra network parameters on last days of 2022 and beginning of 2023

I will take a precise look on

Transactions count and volume
New and active users
Stake and unstake statistics
NFT overall view

for most charts i compared daily metrics from first of December to present . all data got from below tables on flipside database :

terra.core.fact_transactions
terra.core.ez_messages
terra.core.ez_staking
terra.core.fact_nft_sales

About terra :

Terra is a blockchain network, similar to Ethereum or Bitcoin, that produces Luna tokens. The network was created in 2018 by Do Kwon and Daniel Shin of Terraform Labs. Terraform Labs created the UST coin to be an algorithmic stablecoin on the Terra network.

Terra is a payment system that resides and is built upon a blockchain. It was developed by South Korea-based Terraform Labs, which was founded in 2018 by Do Kwon and Daniel Shin. Do Kwon was formerly employed by Microsoft and Apple and founded a startup, Anyfi, which offered decentralized wireless mesh networking solutions. Shin is the founder and CEO of Asian payment technology company Chai—a Terra partner—and was co-founder of Korean e-commerce firm TMON, also known as Ticket Monster.

Transactions

🔎 Key points :

We can see a growth in transactions and users count and total fee paid on january 9th and 10th , it can be related to market hype more than holidays .
Average fee stayed stable on holidays no sudden moves or significant difference.

Wallets and contracts

🔎 Key points :

Active wallets had stable rythem but number of new smart contracts are interesting couse it shows terra backed itlesf up and development growth is good now again after luna breakdown .

Stake / Unstake

🔎 Key points :

The most important fact in above charts of stake statistics is despite users and stakers are approximately same before and on holidays , but a huge amount of stake happend on december 25th and 30th . i think the only reason for that is the holiday wealth .
in the other hand we can observe much unstakes on some days like december 8th , 22th , 26th but still they are nothing vs the huge stakes on mentioned days .

NFTs

🔎 Key points :

Cant observe any sudden move in NFT sales before and on holidays the only result for me is good activity on NFTs that is good sign of terra chain .
On december 30th its a high number of NFT sales it can be related to holiday gifts too .