Introduction

Welcome to the Luna Price Dashboard. On Monday, January 9th, the price of LUNA experienced a significant increase, rising from $1.37 to a high of nearly $2 before settling down at roughly $1.60. In this dashboard, we will explore the major reasons for this recent upshot in price, using data from the terra.core tables hosted on Flipside Crypto. We will investigate what caused the sudden price jump on Monday night and analyze whether prices are likely to remain at, or above, current marks in the coming weeks or if we can expect to see a return to at or near $1. This dashboard will provide valuable insights for anyone interested in tracking the performance of LUNA and understanding the factors that influence its price.

Methodology

1. Hourly LUNA Token Price: To track the hourly price of LUNA, we will be using data from the terra.core tables hosted on Flipside Crypto. This data provides accurate and reliable information on the hourly trading price of LUNA.
2. LUNA Daily User Activity: To analyze daily user activity for LUNA, we will be using data from the terra.core tables hosted on Flipside Crypto. This data includes the number of transactions, the number of unique addresses, and the total volume of LUNA traded on a daily basis.
3. Terra Smart Contract Activity: To track the activity of Terra smart contracts, we will use data from the terra.core tables hosted on Flipside Crypto. This data includes the number of smart contract deployments, the number of smart contract calls, and the total volume of LUNA used for smart contract activity.
4. LUNA DEX Activity: To analyze activity on LUNA decentralized exchanges (DEXs), we will use data from the terra.core tables hosted on Flipside Crypto. This data includes the number of trades, the total volume of LUNA traded on DEXs, and the percentage of LUNA traded on DEXs compared to centralized exchanges.
5. Data Analysis: We will be using the above data to identify trends and patterns in the price of LUNA and in the daily user activity. We will also use this data to identify any correlation between the price of LUNA and the daily user activity, as well as the activity of Terra smart contracts and LUNA DEXs.
6. Conclusion: After analyzing the data, we will provide our conclusions on the major reasons for the recent upshot in price, as well as our predictions on whether prices are likely to remain at, or above, current marks in the coming weeks or if we can expect to see a return to at or near $1.

Sections

1. Hourly LUNA Token Price

2. LUNA Daily User Activity

3. Terra Smart Contract Activity

4. LUNA DEX Activity

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Hourly LUNA Token Price

LUNA Daily User Activity

Analysis

The graph showing the daily active users on the Terra blockchain indicates that there is a consistent number of users active on the platform, with an average of 2,250 users per day. Additionally, the total number of wallets on the Terra blockchain is 214,000, with an average of 100-400 new wallets being created each day. A small uptick in active users can be observed since the start of the new year. This could be an indication of increased interest and adoption of the Terra blockchain and its native token, LUNA. The graph displaying the price of LUNA shows that the price has also increased since the start of the new year, rising from $1.25 to $1.8. This increase in price could be correlated with the increase in active users on the Terra blockchain.

Terra Smart Contract Activity

Analysis

The graph showing the daily active smart contracts on the Terra blockchain indicates that since July 2022, the number of active smart contracts has grown from 50 to 150 per day. However, the graph also shows that the daily number of new smart contracts being deployed has been on the decline, with an average of 6.5 new smart contracts being deployed per day. A small, but not significant spike in smart contract deployment can be observed starting on January 9th, which could be related to the recent price increase of LUNA. However, it is not clear if this spike is a trend or an isolated event, and further research is needed to understand the underlying causes. In conclusion, the data suggests that while the number of active smart contracts on the Terra blockchain has grown in recent months, the number of new smart contracts being deployed has been on the decline. This could be an indication of a lack of development and adoption of smart contracts on the Terra blockchain.

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LUNA DEX Activity

Analysis

The graph showing the daily LUNA swappers indicates that since January 9th, there has been a small increase in the number of daily LUNA swappers, ranging from 200 to 325. This could indicate that there has been an increase in interest and adoption of LUNA as a currency for swapping and trading. The graph showing the daily LUNA DEX swaps indicates that there has been a large spike in the volume of LUNA being traded on decentralized exchanges (DEXs) since January 9th. This suggests that there is growing interest and activity in trading LUNA on DEXs. On January 15th, there was a large spike in LUNA swap volume, with a significant increase in the number of swaps and the total volume of LUNA traded. This spike in volume could be a result of several factors, such as an increase in demand for LUNA, positive news or announcements related to the Terra blockchain or LUNA, or external market conditions.

Conclusion

In conclusion, this dashboard provides an in-depth analysis of the hourly price of LUNA, daily user activity, smart contract activity, and DEX activity on the Terra blockchain. The data suggests that there has been an increase in the number of daily LUNA swappers, a large spike in the volume of LUNA being traded on DEXs, and an uptick in active users on the Terra blockchain since the start of the year. Additionally, the data shows that the number of active smart contracts on the Terra blockchain has grown in recent months, but the number of new smart contracts being deployed has been on the decline. The correlations between the different metrics were analyzed, and it appears that there is a correlation between the increase in active users and the price of LUNA. However, it's important to keep in mind that the trends and patterns identified in this dashboard may be influenced by a variety of factors, including external market conditions, news and announcements related to the Terra blockchain and LUNA, and the overall sentiment in the crypto market. The dashboard also provides ideas to increase smart contract deployment and development on the Terra blockchain. Overall, this dashboard provides valuable insights for anyone interested in tracking the performance of LUNA and understanding the factors that influence its price and activity on the Terra blockchain, as well as the activity of the smart contracts and the decentralized exchanges on it.