Solana.User Growth Per Sector

    What sectors / Apps are driving user growth on Solana? Choose the top apps per sector (DEXs, Borrowing, Staking, NFTs ...) and create a dashboard of user growth per sector and App. Are there any sectors / apps that are driving more user growth than others? Share your findings.

    Introduction:

    Based on the question, the user growth of Solana blockchain for specific sectors is shown in this dashboard.

    The following steps are considered in the process of investigation:

    1. The rate of growth for total users of Solana blockchain.
    2. The swap, NFT and staking sectors are selected to find the rate of growth of users.
    3. The rate of growth for swap tools are presented.
    4. The rate of growth for each NFT marketplaces is shown.

    The first figure shows the rate of growth for total users of Solana blockchain.

    The second figure shows the rate of growth for swap, NFT and staking. As shown in this figure, the rate of user growth for swap action is more than other two.

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    The rate of growth for DEXs on Solana blockchain is shown in this figure. The rate of growth for Raydium and Orca are more than others. The slope of Orca is very sharp from Mar 13, 2022.

    The rate of growth for NFT marketplaces on Solana blockchain is shown in this figure. Based on this figure, the Magic Eden V1 is dominated since launch of Magic Eden V2. After that Magic Eden V2 takes the prize and has the highest slope in rate of growth of users.

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