5.Solana-Phantom Wallet Growth

    -- Question 5:This week, Phantom (the most popular wallet in the Solana ecosystem) released its mobile app. -- There is an expectation that this will gradually increase adoption. -- Track and visualize at least two metrics to compare growth in Solana activity in the start of February -- (when Phantom mobile launched) to the month of January.

    Methodology

    • Due to sheer number of transactions in the Solana Ecosystem has to put limit 900000000 to return the results.
    • We are only considering the first week of Jan vs first week of Feb.

    Metrics

    Number of Wallets

    • Number of wallets definitely seems to have seen a spike during the week of Feb as compared to Jan
    • We have seen about 7-8M active wallets in Feb vs only 5-6M active wallets in Jan.
    • It took Jan 7 days to reach a cumulative of 32M wallets, which have already been achieved in the first 4 days of Feb
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    Transaction Frequency

    • Transaction Frequency definitely seems to have decreased during the week of Feb as compared to Jan
    • We have seen about 60-70M daily transactions in Jan vs only 50-60M transactions in Feb.
    • After 4 days January had 35M0 transactions, vs Feb only has 224M transactions.