Unique Solana Programs

One way to track developer growth in an ecosystem is through the number of unique contracts used. Create a visualization of the number of unique programs used per day since the beginning of January. What type of programs are the most popular, and what programs seem to be gaining in popularity over that timeframe? Does it appear that development is still ongoing in the bear market?

What is Solana?

Solana is a public blockchain platform with smart contract functionality. Its native cryptocurrency is SOL. Solana offers low fees and fast transaction times. Solana smart contracts are written in Rust rather than solinity. sonal is one of the fast blockchains with the lowest transaction fees.

What is DEFI ?

Decentralized finance offers financial instruments without relying on intermediaries such as brokerages, exchanges, or banks by using smart contracts on a blockchain.

Observations

Each day in 2022 there has been between 3 and 38 new contracts used on Solana. There has been no spike in new contract creation, just a steady number of new contracts used each day. Since the Start of 2022 the Number of contracts used daily on Solana has increased dramatically.

Conclusion

The number of active defi users on Solana has been decreasing since the start of 2022. The two top defi apps on Solana in terms of number of users are jupiter and serum DEXs. Currently there are 40,000 to 80,000 defy app users each week on solanan. Since the Start of 2022 the Number of contracts used daily on Solana has increased dramatically. Overall builders on Solana have been very active.