Solana: new Metrics DAO analysts

    Solana is a blockchain platform which uses a proof-of-stake mechanism to provide smart contract functionality. Its native cryptocurrency is SOL. Solana was launched in 2020 by Solana Labs, which was founded by Anatoly Yakovenko and Raj Gokal in 2018.

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    Introduction

    Welcome to the Solana Analytics Dashboard for DAO Metrics!

    This dashboard is designed to provide comprehensive data analytics for Solana, a high performance blockchain ecosystem. Using this tool, access real-time and historical data on key Solana metrics including number of transaction ,cost per transacion and more.

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    ✅ The fail transaction ratio graph shows the percentage of transactions that failed within the Solan ecosystem. In the last 7 days,The ratio of failed transactions to the total is almost 20%.

    ✅ The number of transactions per hour graph shows the total number of transactions processed within the Solana ecosystem per hour. In the last 7 days, the number of transactions per hour has been between 1.2M to 1.7M.

    ✅ The total fee per hour graph shows the total transaction fees paid within the Solan ecosystem per hour. In the last 7 days, the fee has been between 7 to 21 Solan tokens.

    ✅ The correlation coefficient of 0.65 between the number of transactions and the cost per hour means that there is a moderately strong positive correlation between the two variables, , where the peak hours have more fees compared to off-peak hours. This suggests that as the number of transactions increases, the cost per hour tends to increase as well. However, it's important to note that correlation does not necessarily imply causation, so it's possible there are other factors that influence both variables.

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