Introduction

On the Solana blockchain, the easiest location to exchange bitcoin is Orca. Tokens can be traded on Orca in a manner that is low-cost, lightning-fast, and risk-free (thanks to our Fair Price Indicator). In addition, you have the opportunity to earn trading fees and token emissions by providing liquidity to any one of our liquidity pools, including our concentrated liquidity pools known as Whirlpools.

Method

In this dashboard I trying to:

• Create a visualization showing Orca adoption in terms of swap volume and number of unique wallets compared to other popular Solana exchanges and Uniswap on Ethereum.

and then looking at:

• What can explain this increase in adoption? Provide some insights on this trend and the types of users using Orca by look into which popular app on Solana is using Orca.

Analysis

Observation

• In the above chart, the cumulative growth in swap volume is shown and it indicates that for all of them, over time to date, but for raydium and uniswap, it is shrinking than others.

Note:

orca (red bars), raydium v4 (gren bars), jupiter aggregator v2 (yellow bars), saber (purple bars) And Uniswap (blue bars)

Next graph

• The following PIE graph shows that Uniswap moth 50% have had most swap voluma than others that followed by Raydium, Orca has Furth position in this categories.

Conclusion

Observation

• In the two charts above, the adaptation in terms of unique wallets and cumulative growth on that, Orca has a significant deference than others, indicating that adaptation over time is increasingly for Orca, and it went on to be the most popular in isers.

Note:

orca (red bars), raydium v4 (gren bars), jupiter aggregator v2 (yellow bars), saber (purple bars) And Uniswap (blue bars)

Next graph

• The following PIE graph shows that Orca moth 63.7% have had most adaptation in terms of unique wallets than others that followed by Raydium, with 24.6% of adaption.

Discord: 0xHaM☰d#8391

Remark

In the three most recent charts, we have the opportunity to investigate which of Solana's most popular applications is powered by Orca. These data show that the most popular app on Orca is the Orca Token Swap V2 wallet, which accounts for more than 46 percent of all transactions on Orca. The Toke program, which accounts for more than 30 percent of all transactions, comes in second place.

Concluion

As part of the inquiry that has been going on since the year 2022 began, this investigation has been carried out consistently as part of the research that is still going on. Since March 2022, the number of one-of-a-kind Orca wallets that are produced each day has significantly increased across the board at Uniswap, Saber, Jupiter, Raydium, and Jupiter, among other exchanges. Approximately 64 percent of all users are currently on Orca, and the Orca program tokens are currently in the second place position. In terms of the number of people who use Orca, the Orca program token is only marginally less popular than the Orca Token swap v2. This is because the Orca Token swap v2 is used by a greater proportion of people.