Q111. Algorand recently turned 3 years old as a blockchain!

One of the main advantages for a user of Algorand is the extremely low fees relative to other blockchains. Create a visualization showing the cost of transaction fees per day accumulated since the beginning of January 2022. What wallets have conducted the most transactions and spent the most on fees? How much have users on Algorand spent on transactions in total? 

Intro // Method

Algorand is a very popular blockchain which hosts a variety of different protocols and lots of different contracts. People use Algorand in very different ways, so the fees they pay are not always the same. This dashboard shows the average cost of a transaction per day since the beginning of January, as well as some info about fees paid during its entire existence.

Conclusion

Compared to other blockchains, Algorand users have paid next to nothing in fees. The wallets with the most transactions have paid a fraction in fees than they would’ve on another blockchain like Ethereum Mainnet.