Method

Stakes: I used Fact Event table and filtered my result with instruction:programId='Stake11111111111111111111111111111111111111' and event_type='delegate'. So I have Only Stakes that are used with this program id. In this analysis, I will Analyze stakes with this program id.

Staker: I found stakers by digging in old Dashboards and used multiple dashboard methods to find Stakers. Not a Specific one.

Marinde: with Marinde program id address which is MarBmsSgKXdrN1egZf5sqe1TMai9K1rChYNDJgjq7aD, I found Marinde Stakes.

What Will You Read?

In this Analysis, You will read about Solana Staking trends. Do you think What percentage of the average Solana's user portfolio is staked, Solana? I Created a visualization showing % SOL staked over time. Are new wallets more or less likely to stake Solana than established wallets? What type of wallet activities tend to lead to a wallet staking Solana? Are there any noticeable user trends that lead to staking with Marinade specifically?

What is Solana?

Solana is a public blockchain platform with smart contract functionality. Its native cryptocurrency is SOL. Wikipedia

** \n Analyzed by Hess - Reading Time almost 10min**

Solana Overview

New Wallets Vs. Old Wallets

• 66% of old wallet staked in the last 100 days and 37% of staker are new.
• The cumulative Old wallets are 72K and New wallets are 43K.

Marinde Vs. Others

Total Daily Number of transactions Vs. Stake transactions

• According to the below chart, Total number of stakes didn’t change too much. There were some ups and downs but in total, The average number of stake transactions was about 1K-1.2K.

The percentage of Stake transactions Vs. Cumulative daily transactions

• As you can see, Almost all day 99.9% of transactions were not stake.
• The cumulative stake transactions are about 134K.
• The cumulative other transactions are about 439M.

• The below chart shows the total number of new wallets and old wallet stake transactions.
• The total number of stake transactions of the old wallet decreased in the last 100 days.
• On another side, The total number of stake transactions of New wallets increased.

• About 8-14% of stakes were in Marinde.
• The total number of stakes in Marinde decreased in the last 100 days.

Conclusion

• Only 0.03% of total transactions in Solana are Staking.
• Only 0.016% of new wallets are staker.
• Recently, New wallets are staking more than old wallets.
• Miranda has about 10% of total stake transactions on Solana.

> # Thank You for Reading!

Analyzed Completely by Hess

Twitter_id: hessaminanloo

discord_id: hess#0890

ENS: he3am.eth