Validators process transactions and receive fees from users (supply-side fees).

Algorand is a smart contract platform for decentralized applications (a blockchain). Algorand was founded by Silvio Micali and launched in 2018.

ALGO holders own and govern the protocol. They currently take a cut of the transaction fees paid by users (revenue). Algorand's investors include Union Square Ventures, Multicoin Capital, Pillar, etc.

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Blockchains (L1)

Algorand

# Algorand Active addresses (monthly) Methodology

## 1. Overview

Active addresses (monthly) measures the number of unique addresses that make a transaction with the Algorand blockchain. This metric serves as a primary indicator of network adoption, user engagement, and ecosystem health. Monthly active addresses are measured over a 30-day rolling window using Coordinated Universal Time (UTC).

## 2. Data sources

- **Blockchain events**: Transactions occurring on the Algorand blockchain, covering Algorand

## 3. Step-by-step calculation

### Component A: Transaction sender identification

- **Purpose**: Identify the unique entities initiating activity on the network
- **Logic**: Data is extracted from the core transaction records of the blockchain. The `sender` field of every transaction is parsed to identify the initiating address. Records containing null values for the sender are filtered out to ensure only valid participant activity is included.
- **Key fields**: `sender` (identifying the user address), `block_timestamp` (recording the timing of activity)

### Monthly aggregation

- **Purpose**: Calculate the unique count of active participants for each 30-day window
- **Logic**: User addresses are truncated to a monthly granularity based on the block timestamp. For each 30-day window, the set of sender addresses is deduplicated to ensure each unique address is counted once per 30-day window, regardless of the number of transactions sent. The resulting monthly totals are aggregated, and a zero-filling strategy is applied to maintain data continuity for any 30-day windows where no transaction activity is recorded.
- **Key fields**: `timestamp` (truncated to monthly), `user_address` (unique identifier)

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Unique addresses active over a rolling 30-day window.

AlgorandALGO

Active addresses (monthly)

Active addresses (monthly)

Competitive landscape