Method

in this dashboard i take a look at latest actions that happened on solana to see what activities solana users had and then analyze stake activity on solana more accurately

for acheiving this purpose, I used solana.core table within September 2022 till today. \n

METRIC :

Solana users activities

Unique users, stakers and transactions

Solana users and their portfolio

Different apps used by solana users

Introduction

SOLANA:

Solana is a blockchain platform designed to host decentralized, scalable applications (Founded in 2017), and being faster in terms of the number of transactions it can process and has significantly lower transaction fees than rival blockchains.

STAKING ON SOLANA:

Staking sol is the process by which a SOL token holder (such as someone who purchased SOL tokens on an exchange) assigns some or all of their tokens to a particular validator or validators, which helps increase those validators' voting weight.

Solana users activities

Observations🌊

• in graphs above which are discussing about different types of activities of users, it can be seen that add liquidity is leading on both Daily activity and total amount of activities that happened since September.
• it is worth mentioning within 3rd October till 8th October, Adding liquidity were more than 90% of all activities.
• coming up in the second place, activities that are related to NFTs were more than other activities, but still less than Adding liquidity (42.22% in total);and the most amount of these activities happened within 3rd September - 10th September.
• in the third place is removing liquidity action with 1.99M in total,and it happened the most in 22th October.
• staking is the next popular action that happened the most within 8th November till 13th November,and 144.136K in total.
• Finally unstaking was the least action that happened with only 99.66K,and the most amount of unstaking happened was on 10th November.

Unique users, stakers and transactions

Observations🌊

• according to charts on the left side which are discussing about unique user and and stakers ,it can be understood that the amount of stakers started increasing since 8th November ,so there is possibility that the amount of stakers increase day by day.

Observations🌊

• from charts on the left side ,the comparing between all Solana transactions and staking transactions can be seen.
• like user were growing since 8th November ,the same path goes for the amount of staking transactions aswell,but it had the most amount on 6th of September in period of time that we included.

Solana users and their portfolio

Different apps used by solana users

Observations🌊

• In charts it can be seen that serum Dex v3 is the most popular on among all apps that have been used by stakers with 59% of all ,and over 1.2B in total.
• although mango market has 31.1% of all activities and being in the second place ,but wrapped Sol started to improving since 14th October and became the most popular at 13th November till today, it is worth mentioning that wrapped sol has 6.12% Overall interactions on the third place, but recently wrapped sol deleted serum dex v3 and mango market from the market .
• coming up next, Jupiter aggregator started improving on october 28th and became one of the most used apps beside wrapped sol and raydium liquidity pool v4 within 13th November till 1st December.
• at the end raydium liquidity pool v4 started improving on November 8th,and has almost 26M (1.29%) of all interaction, but since it used more recently there is possibility of being higher in tier list in future.

Conclusion

• including all data above it is fair to say that the popular activities that users done by order were adding liquidity in the first place, NFT related activities, removing liquidity, Staking and finally unstaking ; which shows people who Staked were greater than people who unstaked and their trust in Solana.
• comparing the amount of unique users that staked to all users since first day of September, it shows after 8th of November both Unique stakers and Unique staking transactions became more day by day.
• finally ,serum Dex v3 and mango market used to be the most used apps by solana stakers till 12th October,but since then mango market almost disappeared from the scene and wrapped sol became the second place right after serum Dex v3 untill day of 12th November.
• from 13th November to 20th November 2022 wrapped Sol and Jupiter aggregator had most activities because serum dex v3 fell off drastically,but th meta change once again on 21th November and Raydium liquidity pool v4 took the second place after wrapped sol with the most activities till today.

==Twitter: Par_rnn==

Thanks for Reading!❤

• the chart which discusses about percentage of the average solana’s user portfolio ,shows that around 90% to 100% of an average SOL portfolio is allocated to staking by 284.649k stakers. The second biggest group bets between 0 and 10 percent of their whole portfolio, however they make up just 88.8k of the total population of stakers. This demonstrates that the majority of users have a tendency to stake the bulk of their SOL.
• The second bar chart on the right side of the page displays, in order by day, how long the stakes will last.