Solana - Unique Solana Programs
In this dashboard, we will look at the following things:
- The number of unique programs used per day on Solana since the beginning of January
- What type of programs are the most popular
- What programs seem to be gaining in popularity over that timeframe
- Does it appear that development is still ongoing in the bear market
The number of unique programs used per day since the beginning of January has been rising consistently from 390 programs on 1st January to a peak of 1090 programs on 28th June.
Serum dex v3 is the most popular program with ~1.54B transactions followed by Mango Markets and system program with ~1.5B transactions and ~811.55M transactions.
Out of the top 5 programs, 3 programs belong to the category ‘DEX’ whereas the remaining 2 programs belong to the category ‘chadmin’.
Thus DEX’s are the most popular programs on Solana.
To understand what programs seem to be gaining in popularity, we will compare the number of transactions in June with the number of transactions in January and calculate the difference both in absolute terms and in % terms.
(To calculate difference in % terms, we will consider the number of transactions in January (denominator) as 1 for programs having no transactions since it is not possible to calculate % with denominator as 0)
In absolute terms, programs mv3ekLzLbnVPNxjSKvqBpU3ZeZXPQdEC3bp5MDEBG68, 4FuHh13dadkVJQeDFdtQg8vMKRPxVZJLU7dEXy61Y5Bn and 7T5zyFsWSCqXYhrowHqY6jcUvwZkPJ3xiEu5mgzU7VWt seem to be gaining in popularity with increase in transactions of ~256.5M, ~153.38M and ~136.62M transactions respectively.
In % terms, programs 4FuHh13dadkVJQeDFdtQg8vMKRPxVZJLU7dEXy61Y5Bn, 7T5zyFsWSCqXYhrowHqY6jcUvwZkPJ3xiEu5mgzU7VWt and MEVuSiZ38f55RfEotQtbQ3Tq2HuFSARovoMcDaHQXo1 seem to be gaining in popularity with increase in transactions of ~15.3B %, ~13.6B % and ~8.5B % respectively.
Out of the top 3 programs gaining popularity in absolute terms, only mv3ekLzLbnVPNxjSKvqBpU3ZeZXPQdEC3bp5MDEBG68 was active in January whereas the other 2 had 0 transactions in January.
Similarly all the top 3 programs gaining popularity in % terms had no transactions in January and are new programs.
Overall the increase in the number of unique programs used per day as well as new programs having the most increase in transactions both in absolute and % terms suggests that development is still ongoing in the bear market.