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 🤯
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%)
2/ Daily actives were down for @solana and @ethereum, while @BinanceChain and @0xPolygon bucked the trend:
$SOL - 1.24M (-4.77%)
vs.
$ETH - 460K (-7.96%)
$BSC - 960K (+7.77%)
$MATIC - 150K (+3.48%)
3/ Despite a drop in DAUs, Avg. Tx/Day on @solana saw a modest uptick as comps fell off W/W:
$SOL - 52.20M (+6.05%)
vs.
$ETH - 1.17M (-4.00%)
$BSC - 6.25M (-20.28%)
$MATIC - 5.81M (-8.89%)