L1 Unique Users

    Question 37: Compare the number of unique wallets that have sent a transaction since February 1st on Solana vs Ethereum vs Terra. How does user adoption seem to be trending for Solana compared to these other major chains? Does it appear that market conditions are slowing down growth or activity on the networks?

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    In the two charts below, a daily survey of unique users who have traded in Solana vs Ethereum vs Terra. This survey has been conducted since February 1, 2022.

    • Ethereum has more users than the other two. Most transactions in Ethereum took place on March 10, 2022.
    • The most transactions in Solana took place on March 6, 2022.
    • The most transactions in Terra took place on March 9, 2022.

    At Ethereum, when the market is falling, transactions and activity go faster and higher. For example, on March 10, 2022

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    In Solana, when the market is falling and falling, transactions and activity go faster and higher. For example, on March 6, 2022

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    In Terra, when the market is rising, transactions and activity go faster and higher. For example, on March 9, 2022

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