• Lets compare Solana in terms of:

  • Transaction speed/throughput --
  • User growth and activity --
  • Cost/fees per user --
  • Growth in defi and nfts compare to at least two other chains. --

• How are popular projects on Solana able to scale compared to top projects on other chains (for example a gaming app like StepN or a popular dex like Orca).

• How do you envision user growth of apps on Solana over time? What types of products seem to be positioned particularly well on Solana?

Transaction between Solana, Ethereum and Algorand this last month

Ill compare Solana, Ethereum and Algorand

• The amount of transactions processed by Solana is far higher than Ethereum and Algorand.

• Though Ethereum is particularly known for its low transaction speed, but, there are layer 2 solutions with superior tps.

• Algorand usually doubles Ethereum's tps. Still, not even close to Solana's.

• Onboarding users are far higher in Solana than Ethereum and Algorand.

• While none have stopped growing, Solana is far ahead.

• Ethereum does have a bigger NFT minted pool, followed by Solana by a long stretch, finally Algorand does have the lower amount.

• Making ethereum still the predilect chain of choice...or is it?

Considerations

• A better understanding of the growth in nft minted would be in addition to total value in them, because nft minted by sheer numbers is not a really good metric. Considerate with caution.

• Another point is that Defi was calculated using nº of interactions, so while reflects use frequency it doesnt represent the volume in USD. Only adoption (and bots)

• User activity is far higher in Solana than Ethereum and Algorand.

• Is worth noting that around the crash on May, 8th. Algorand users activity nearly reached Ethereum's.

• Since April Solana average transaction activity is far above from Ethereum's and Algorand's.

• Though worth noting that Algorand is getting closer to Ethereum Average transaction activity.

• While Solana fees are really low, this chart shows fees in their native coin. Meaning they are not converted to USD.

• Is still clear that Ethereum fees are the most expensive while Solana is the cheapest.

• In the defi world, accounted in activitys executed, Solana's is by far the highest. Low fees and high speeds make it the preference to high activity trading.

• Followed by Ethereum and Algorand next, not by much though.

Solana Scaling

• I was gonna talk about solana having room to group both in defi and nft scene, and just when i was writing this i stumbled upon this

SO

Solana is definetly the future choice