Introduction:

In today's fast-paced and competitive world of cryptocurrencies and blockchain technology, staying on top of trends and understanding the driving factors behind user adoption is crucial. With this in mind, we are proud to present a state-of-the-art dashboard that delves deep into the on-chain activity, user trends, and the impact of Trails' incentivized actions on the ever-evolving Jupiter Exchange. This all-encompassing dashboard not only tracks growth metrics, such as user and volume increases, but also provides valuable insights into the relationship between Trails' XP and other incentives. Our aim is to empower users with data-driven knowledge, enabling them to make informed decisions and identify opportunities within the vast and complex landscape of cryptocurrency projects. Welcome to the future of data visualization and analysis in the blockchain industry.

Methodology:

In this dashboard I am going to be focusing on the solana.core.fact_swaps table and more specifically I am going to be looking where the Swap_Program is Jupiter. I am going to be focusing on this table over the last 30 days and splitting my analysis up to look at before the launch of Thails and after the launch of Thails in order to see if there were any notable differences to overall swap metrics as a result of this.

Definitions:

What is Juipter?

Jupiter Exchange is officially the first liquidity aggregator created on the Solana network. Jupiter's primary mission is to offer its users a large selection of tokens and the best way to find a route between any pair of tokens.

What is a Trails?

Trails a provider of blockchain infrastructure, announced Tuesday that it has launched its Query & Transact node infrastructure on the Solana blockchain. The tool will allow Solana developers to access and verify blockchain data, write transactions and build applications and services that will help expand Solana's network, which is now among the 20 or so supported by the “Query & Transact” product.

Trailhead On-chain Activity & Incentivized Actions Dashboard