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    Marinade Staking Insights

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    Flipside AI

    Solana's network experienced significant volatility in early 2024, with a massive 50x spike in daily staking volume reaching 50.8M SOL and a 643% increase in weekly staked volume to 543,767 SOL, suggesting renewed investor confidence. However, Marinade Finance, a key liquid staking protocol, saw a dramatic 82% drop in weekly unique depositors from 13,573 to 2,422 users and a steep decline in weekly deposit actions from 15,955 to 990, indicating potential user disengagement or market uncertainty. Daily deposit actions remained relatively consistent, hovering between 85 and 133 transactions per day, with unique depositors fluctuating between 73 and 114 users.

    Marinade Finance makes staking simple, flexible, and rewarding! 🚀
    Staking Activity Dashboard
    We’ve created a staking activity dashboard to track and analyze all the staking and unstaking activities on Marinade Finance. This dashboard provides clear insights into user behavior, transaction volumes, and trends over time.
    What does the dashboard show?
    Total Staked SOL: The total amount of SOL staked by users over time. Total Unstaked SOL: The total amount of SOL withdrawn by users over time. Unique Users: The number of unique users staking or unstaking SOL. Transaction Count: The total number of staking and unstaking transactions. Weekly Trends: A breakdown of staking and unstaking activities by week.
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    Important Notice
    We have been analyzing data starting from January 2024. Whenever you update the dashboard, you can view the latest data up to the most recent day.
    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.