Thread by @creggsnbacon

1/ Wild day yesterday in Solana-land, but the show goes on... and so does the data!

-Solana DAUs were up +53% W/W as #IGNITE hits its stride
-Inverse correlation between DAUs and Avg. Tx/DAU continued for @solana
-@arbitrum TVL up +176x W/W 🤯

https://twitter.com/therealchaseeb/status/1437894968996204544?s=20

2/ Solana outperformed on DAU growth this week, likely due to the #IGNITION hackathon kicking off; the rest of the space was relatively flat W/W:
$SOL - 2.06M (+53.79%)
$BSC - 991K (-3.69%)
$ETH - 514K (+6.20%)
$MATIC - 177K (+0.73%)

3/ Daily txs were up across all platforms except for @BinanceChain, which continued it’s streak of volatility on this metric:
$SOL - 52.54M (+9.49%)
$MATIC - 6.64M (+9.22%)
$BSC - 5.86M (-24.42%)
$ETH - 1.23M (+2.40%)

4/ Average Txs/Address was down again for @solana W/W, with a pretty significant slide for the second week in a row:
$MATIC - 37 (+2)
$SOL - 25 (-11)
$BSC - 6 (-2)
$ETH - 2 (flat)

5/ @arbitrum stole the show with an absolute BONK 176x W/W TVL growth, Solana took 2nd and the rest saw net outflows ($B):
$BSC - $16.10 (-16.4%)
$SOL - $11.24 (+96.1%)
$LUNA - $5.60 (-26.0%)
$MATIC - $4.94 (-5.3%)
$AVAX - $2.27 (-2.2%)
Arbitrum - $1.60 (+17,677%)

6/ Next week we'll unpack how Solana's halt impacts these metrics.

Shoutout to @DiegoWilsonS for helping us get this data!

cc: @bscscan @etherscan @polygonscan @DefiLlama