Introduction

Flow can scale without sharding. This enables inexpensive and rapid blockchain transactions. The blockchain was built for high-scaling dApps like NFTs. Crypto play-to-earn games employ the blockchain to provide fast gameplay. Dapper Labs established the blockchain after Ethereum's congestion. NBA Top Shot, a game produced by its parent firm, is now on the blockchain. Due to its scalability and speed, blockchain can be used by dApp developers.

Solana hosts decentralized, scalable apps on the blockchain. Solana is an open-source project run by Geneva-based Solana Foundation, while San Francisco-based Solana Labs constructed the blockchain. 1 Solana is speedier and offers lower transaction fees than Ethereum.

Ethereum is a blockchain-based software platform that supports the second-largest cryptocurrency after Bitcoin. Ethereum can transfer and receive wealth globally without a third party watching or interfering.

Method

On the basis of user retention and activity, we'll put Flow up against other L1s in this dashboard. In the first place, let's look at L1s like Ethereum and Solana in terms of the following two activities: swaps and NFT sales. Using this data, we'll be able to tell how many people participate in various activities. When looking at user retention on Flow and Ethereum and Solana I am looking at the average amount of transactions per user, and then breaking that down to illustrate how many users are at different levels of total transactions for each of these three platforms My next step is to determine how many users fall into each category based on the average duration between transactions, as I did in the previous step. I'll examine the implications of these measures for each chain separately.

Analysis

Vis 1-15: Network overall view over the 3 past month

Conclusion

The retention rate of Ethereum users is lower than that of users of Solana and Flow because Ethereum users make fewer transactions overall and take longer to make their next transaction, whereas Solana and Flow users make a significant number of transactions each day and tend to have only a short amount of time in between transactions. It appears that Solana has the best retention because it is still relatively young and can bring in many transactions from users and keep them regularly making transactions; however, this may slow down as the platform grows over time, and therefore it is still unknown how this will hold true in the future. Solana appears to have the best retention because it is still relatively young and can bring in many transactions from users.

About:

• Author: HaM☰d

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• Discord: 0xHaM☰d#8391

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• Twitter: @arjmandi_hamed

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• Email: h_arjmandi2012@yahoo.com

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The aims of current dashboard is looking at:

1. How does Flow compare to other L1s in terms of user retention?
2. Is a user who made a transaction previously likely to make another transaction a week or a month later?
3. Compare and contrast this type of activity vs other L1s like Solana and Ethereum.

• ETH has 13 million transactors, 4.6 million on FLOW, and 116 million on Solana.
• ETH has almost 5 million swappers, Solana has 1.06 million swappers, and Flow has just 1124 swappers.
• Solana has 309k purchasers, Flow has 92.5k, and Eth has 614k!
• Transactors have swapped 0.91 percent of Solana for 5.14 percent of Ethereum and 0.024 percent of FLOW.
• There are about 0.26 percent of purchasers on Solana compared to 4.72 percent on Ethereum and 1.97 percent on Flow, according to our research.

Vis 16-37:

The following metrics are evaluate in three blockchains on the over 3 past month, in the following visuals:

1. For each user, the average number of transactions
2. Users Sorted by the Amount of Transactions They've Made
3. Typical Interaction Interval
4. Grouped by the Mean Time Between Transactions of Individual Users
5. NFTs sales sorted by average transaction time intervals.

Flow Metrics:

• Nearly 4.48 million people have made a purchase in the last three months.
• In the first hour, 75% of the customers made new purchases.
• Within a week following their first purchase, 59% of users had made a second transaction.
• Fewer than 3.22% of users performed a second purchase in the span of 24 hours. Over the past three months, 3.5 million Flow users out of 4.48 million users had a transaction within an hour of each other.
• The second figure is 12 percent. After a 24-hour period, only 563K of the users made another purchase.

Solana Metrics:

• Nearly 116 million people have made a purchase in the last three months.

• In the first hour, 95% of the customers made new purchases.

• Within a week following their first purchase, 2% of users had made a second transaction.

• Fewer than 0.22% of users performed a second purchase in the span of 80 hours. Over the past three months.

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Ethereum Metrics:

1. Nearly 13 million people have made a purchase in the last three months.
2. In the first day, 60% of the customers made new purchases.
3. Within a two month following their first purchase, 11% of users had made a second transaction.
4. Fewer than 11% of users performed a second purchase in the span of two month. Over the past three months.

Retention on Ethereum Network:

By examining the first indicator in this section, we can see that the average Ethereum user conducts 14 fewer transactions than those on Flow and Solana. Approximately 61.2 million users have done less than two transactions, as can be seen from the breakdown. The amount of users who have done between three and five transactions is likewise considerable. Ethereum's retention rate is currently lower than Flow's and Solana's combined. When it comes to the amount of time it takes for a transaction to be completed, Ethereum has a significantly larger delay than the other two platforms. Users of Ethereum may expect to wait approximately eight days for a transaction on the network, on average. Most users complete a new transaction in less than a day, however a considerable number of users in other groups tend to take significantly longer to complete a new transaction. Despite the fact that transactions are taking longer than on other platforms, consumers still appear to be returning, indicating that customer loyalty is strong.

Retention on Flow Network:

On Flow, each user conducts about 18 transactions on average, as can be seen from the first indicator. In the second indicator, we can see a breakdown of the number of users who are involved in each type of transaction. As you can see, the vast majority of Flow's users have completed between five and seven transactions. Nearly 2.2 million people fall into this category. More than 1.87 million people fall into the second-largest transactional group, with almost 448 thousand of them making less than two Flow transactions. The number of people who have made over 1000 transactions on Flow looks to be decreasing significantly as you travel up the transactional ladder. However, it looks that flow has a high user retention rate, as many users are transacting many times on the platform. We can see that the average time between transactions on Flow is 4.22 hours, or 4 hours and 12 minutes approximately. Users return to make transactions in a relatively short amount of time even if they are affected by bots that make a lot of transactions in a short time period and by market conditions that are sideways in price fluctuation. The time between transactions, as shown by the last indicator in this category, can be broken down per user. It's easy to observe that the vast majority of the platform's 3.5 million customers make another purchase within an hour of their prior one. Very few customers are willing to wait more than an hour, and even fewer are willing to wait longer than that. When people are on Flow and conducting transactions, they are fast to return and do so again.

Retention on Solana Network:

Solana users, on average, conduct 55 transactions more frequently than Flow users, according to the first indicator in this section. There are over 171 million people who have made less than two purchases on the Solana platform. It's easy to observe that the other categories have far less users than the most popular ones, indicating that the vast majority of users make modest transactions on a daily basis, while just a small minority make large ones. If we look at the time between transactions, we can observe that, on average, users take around an hour between transactions, indicating that, while utilizing Solana, users tend to transact a lot quickly. In comparison to the Flow network, this is a much lower figure. It's clear that the vast majority of customers make a transaction less than an hour apart on average when we look at the distribution of this data. The overall performance of Solana is far superior to that of Flow in many respects, with very little delay between transactions and rather regular trends in terms of user loyalty.