Methodology

Here we compare 3 blockchains:

Near

Flow

Solana

In the following, the following items are examined for these three blockchains:

1. Swaps
2. NFT Comparison
3. Transactions
4. Unstaking

The timeframe as question asks consider November 7 to November 14.

Introduction

What Is Near Protocol?

Near Protocol is a layer 1 blockchain network. It provides a platform on which developers can build decentralized applications (dapps). The most successful layer 1 blockchain is Ethereum, so protocols like Near are seen as challengers.

The key yardsticks for layer 1 networks are transaction costs, speed and the ability to maintain those features as transaction volumes grow. These factors are the focus for layer 1s like Near to improve upon Ethereum, which has encountered issues with costs and speed over the last few years.

What is flow?

Flow is a powerful tool for developers to create empowering experiences for users. Every aspect of the platform was designed from the ground up to support exceptional experiences at mainstream scale. \n Originally conceived by the team behind CryptoKitties, Flow today is a decentralized network supported and built on by a growing community of  brands and Web3 builders.

What is Solana?

Solana is a blockchain platform designed to host decentralized, scalable applications. Founded in 2017, it is an open-source project currently run by Solana Foundation based in Geneva, while the blockchain was built by San Francisco-based Solana Labs.1

Solana is much faster in terms of the number of transactions it can process and has significantly lower transaction fees than rival blockchains like Ethereum. The cryptocurrency that runs on the Solana blockchain—also named Solana (SOLUSD) and using the ticker symbol SOL—soared almost 12,000% in 2021 and at one point had a market capitalization of over $66 billion, making it the fifth-largest cryptocurrency by this measure at the time. \n

Swaps

Transactions

• We can see the daily swaps increasing, for Near and Flow largest number of swaps happen on November 9 and after that the swaps number decrease.
• For Solana the largest number of swaps happen on November 10 and after that we see decreasing and increasing trend again.
• Swaps number of Near on November 9 compare to November 7 increase about 4.8 times while Solana transactions on November 10 compare to November 7 increase about 2 times
• Number of Near swappers November 9 compare to November 7 increase about 1.6 times.
• Flow has lowest changes in swaps number, swappers and swap volume during this period.
• Swaps volume of Near increase and reach highest volume on November 9 about 14M swap volume. Swaps volume of Near on November 9 compare to November 7 increase about 7 timessss!
• Near has the largest volume of volume per swaps so we can find out that users in near swaps higher amount in each swaps and also we can find out this from Average swap volume chart too.
• Near and Solana have slop changing on cumulative swaps volume chart because of increasing volume that we mention.

• Average daily number of swaps for each blockchain after FTX’ insolvency increase.
• Average daily number of swaps for Near after collapse increase 1.96 times than before it.
• Average daily number of swappers for each blockchain after FTX’ insolvency increase but its not significant.
• Average daily volume of swaps for Solana increase about 3 times before it and for flow increase about 2 times.

NFT

• Average daily number of active users for Solana and Near decrease after FTX collapse but for Flow we see increasing.
• Average daily number of Transactions for Solana decrease significant after FTX collapse but we can consider Flow and Near almost constant.

• Daily number of new users in Flow and Near have decreasing trend.

  Near new users from 17.3K reach to 12.9K.

  For Solana we can see that on November 9 and November 10 reach the largest number of new users in this period.

• Daily Users number in Flow on November 9, has significant decrease(about 95% decrease) but after that it increase and decrease again about 11K.

  But for Solana and Near the Daily Users number decrease slightly.

• Daily number of transactions for Solana decrease about 50% on November 9.

  For Near unlike Flow and Solana we see that number of daily transactions is almost constant. (it has a slightly decreasing but compare to Flow and Near we consider it constant)

• Also in daily number of transaction per number of users we can see the Near’s value compare to Solana and Flow is almost constant.

  On November 9, Solana reaches the lowest daily number of transaction per number of users.

• Solana Fail rate transactions on November 9, is about 57% and compare to November 7 it increase more than 2 times.
• We can see for Near the fail rate is in largest volume on November 9 and compare to November 7 it increase more than 3 times but after this time Near has decreasing trend on fail rate transactions and reach to 16%.
• Flow has almost increasing trend to Fail rate transactions and on November 14 reach to 46% even more than Solana.
• The average daily fail of transactions for all three chains increase after collapse.
• Near average daily fail of transactions after collapse increase about 1.4.

Conclusion

• The daily swaps increasing, for Near and Flow largest number of swaps happen on November 9 and after that the swaps number decrease.

• For Solana the largest number of swaps happen on November 10 and after that we see decreasing and increasing trend again.

• Swaps number of Near on November 9 compare to November 7 increase about 4.8 times.

• Near has the largest volume of volume per swaps.

• Number of Near swappers November 9 compare to November 7 increase about 1.6 times.

• Average daily number of swaps for each blockchain after FTX’ insolvency increase.

• Average daily number of swaps for Near after collapse increase 1.96 times than before it.

• Average daily volume of swaps for Solana increase about 3 times before it and for flow increase about 2 times.

• The number of Near NFT buyers in this period is less than NFT sellers.

• Near has higher daily NFT sale per sales number in compare to Flow.

• Near Average number of NFT sales before collapse was 1.3 times more than after collapse.

• Daily number of new users in Flow and Near have decreasing trend

  Near new users from 17.3K reach to 12.9K.

• On November 9, Solana reaches the lowest daily number of transaction per number of users.

• Average daily number of active users for Solana and Near decrease after FTX collapse but for Flow we see increasing.

• Average daily number of Transactions for Solana decrease significant after FTX collapse but we can consider Flow and Near almost constant.

• Solana Fail rate transactions on November 9, is about 57% and compare to November 7 it increase more than 2 times.

• We can see for Near the fail rate is in largest volume on November 9 and compare to November 7 it increase more than 3 times but after this time Near has decreasing trend on fail rate transactions and reach to 16%.

• On November 10, we see largest number of unstakes on Solana about 1146 number and compare to November 7 we can find out that stakes number increase about 23 times. And after this time number of stakes decrease.

• On November 14, Flow unstakes increase.

• On November 9, we see the largest number of unstakes on Near and compare to November 7 we can find out that stakes number increase about 2.54 times.

Thanks For Reading!

Also Really thanks to Alik110

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• In daily NFT sales count we don’t see specific trend.
• The daily sales of Flow and Solana decrease a little.
• On November 7, Near has the largest sales count and sellers.
• The number of Near NFT buyers in this period is less than NFT sellers.
• On November 7, Near has the largest buyers number.
• NFT sales volume for Solana till November9 increase and after that its decrease.
• For Near and Flow we can see decreasing trend on daily NFT sales volume.
• We can see increasing trend in daily NFT sale per sales number and after that decreasing about 50% in Solana.
• Near has higher daily NFT sale per sales number in compare to Flow.

• The Average number of NFT sales after FTX collapse decrease for all 3 chains.
  • Near Average number of NFT sales before collapse was 1.3 times more than after collapse.
• The Average number of NFT buyer after FTX collapse decrease for all 3 chains.
  • Near Average number of NFT buyer before collapse was 1.37 times more than after collapse.
• The Average number of NFT sellers after FTX collapse decrease for all 3 chains.
  • Near Average number of NFT sellers before collapse was 1.4 times more than after collapse.
• The Average volume of NFT sellers after FTX collapse decrease for all 3 chains.
  • Near Average volume of NFT sellers before collapse was 1.7 times more than after collapse.

Unstaking

• Volume unstaking:

==Solana> Near > Flow==

• Users count unstaking:

==Solana> Near > Flow==

• TX count of unstaking:

==Solana> Near > Flow==

• Average volume unstaking:

==Near > Flow > Solana==

• On November 10, we see largest number of unstakes on Solana about 1146 number and compare to November 7 we can find out that stakes number increase about 23 times. And after this time number of stakes decrease.
• On November 14, Flow unstakes increase.
• On November 9, we see the largest number of unstakes on Near and compare to November 7 we can find out that stakes number increase about 2.54 times.
• Solana number of unstakers is almost like unstakes.
• After November 9, Near unstakers in average are 140.
• The highest volume of unstakes for Solana happen on November 8 and 10 after that the unstaking volume decrease.
• For Flow The highest volume of unstakes is on November 11.
• For Near first we see November 8, with 5.9M volume unstake after that the daily volume of unstake has decreasing trend but we see suddenly on November 14 the volume increase while the unstakers and stakes number are not change like volume.
• Average volume of unstake for Flow on November 11 is really high.

• Average daily volume of unstakes after FTX collapse increase.

  • For Solana after collapse increase 3.9 times.

  • For Near after collapse increase 1.45 times.

  • For Flow after collapse increase 6.2 times.

• And average daily number of unstakes after FTX collapse increase.

  • For Solana after collapse increase 6.9 times.

  • For Near after collapse increase 1.3 times.

  • For Flow after collapse increase 2 times.