Algorand Fees 2022

    Method:

    In this dashboard, you can see:

    • Daily number of wallets, transactions, fees, and average fee per transaction (in total and by transaction type)
    • Total number of wallets, transactions, fees, and average fee per transaction (by transaction type and in total)
    • Top wallets

    Note: all the information used is since the beginning of January 2022

    Algorand Fees 2022 - Daily

    The following graphs show the daily number of wallets that had transactions on Algorand, How many transactions they had each day, how much fee they paid each day, and how much the daily average fee was

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    As you can see overall the number of transactions and the total amount of paid fees were reduced but on the other hand, the average fee per transaction was also slightly reduced.

    Type of Transactions

    The following graphs show the daily number of transactions and the fees but this time we can see the weight of each type of transaction

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    As you can see on almost all the days, Asset Transfer was the highest fee producer among all the other transfer types. after that we have Payment transfers and Application Calls respectively.

    Total

    Here we can see the total number of wallets, the total number of transactions, and the total amount of paid fees for all the transaction types and at the end, the total value of all of them combined.

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    Top Wallets

    in order to find the Top Wallets, I divided this section into two different groups:

    1- Top Wallets with most transactions and 2- Top Wallets with the highest amount of paid Fees

    In the following tables you can see the To 10 Wallets in both groups

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    And by analyzing theses wallets, we reach to the top 8 wallets that are present in both groups

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    Conclusion:

    • Overall the number of daily transactions reduced

    • Overall the total amount of daily paid fees reduced

    • Overall the average fee per transaction reduced

    • Asset transfer was the most used transaction type

    • Asset transfer had the highest amount of fee generation

    • Top wallet on Algorand paid 123,236.34 ALGO for 123,236,290 transactions (0.001 per transaction)

    • In total the average fee per transaction paid by all top 8 wallets (0.001 ALGO per transaction) was lower than the average fee per transaction paid in the network (0.0014 ALGO per transaction)

    • On average the Key Registration was the most expensive transaction type (0.0067 ALGO per transaction) and the asset configuration was the cheapest transaction type (0.00089 ALGO per transaction)



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