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    Solana - Unique Programs

    One way to track developer growth in an ecosystem is through the number of unique contracts used. Create a visualization of the number of unique programs used per day since the beginning of January. What are the 5 most commonly used programs over that timeframe? What do those programs do and why do you think they are so popular?

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    What is Solana?

    Solana is an open source, high-performance, permissionless blockchain.

    What are Programs?

    Solana Programs on Solana Blockchain are Smart Contracts as they are called on other blockchains. They serve as the foundation for on-chain activity, powering anything from DeFi, NFTs to Social Media and Gaming.

    We'll check the most used dApps on the Solana Blcokchain

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    Date: 2022-02-10

    The chart above shows, that the number of unique Programs on the Solana Blockchain is growing steadily since the beginning of January 2022.

    We can see in the bar chart, that Raydium and Jupiter Aggregator are by far the most popular Programs on Solana.

    What is Raydium?

    Raydium is the first Automated Market Maker (AMM) and liquidity provider built on the Solana blockchain to leverage a fully decentralized central limit order book.

    Raydium

    Raydium is the biggest DEX on Solana, offering a wide range of functionalities for their users. It offers also an option to earn yield via LPs, Staking, Farming, etc. and in addition, it was the first DEX on Solana.

    What is Jupiter Aggregator?

    Jupiter is the key liquidity aggregator for Solana, offering the widest range of tokens and best route discovery between any token pair.

    Jupiter Aggregator

    An Aggregator is always getting the best quotes for the user in a confusing, rapidly growing and constantly changing market. That makes Jupiter so popular, always getting the best quotes!

    What is Magic Eden?

    Magic Eden is the biggest and most liquid NFT marketplace on the Solana Blockchain.

    Magic Eden

    Every blockchain needs its NFT Marketplace as NFTs are totally hyped actually. This is still a fast growing segment. For Solana this is Magic Eden!

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    What is Orca?

    Orca is a user-friendly decentralized exchange and liquidity provider built on the Solana Blockchain.

    Orca

    It is an easy to use and super user-friendly DEX, it also offers options to earn yield via Liquidity Pools and Staking. All this makes Orca very attractive to users.

    What is SolFarm(Tulip)?

    Solfarm is a yield aggregator running on the Solana blockchain that offers customers auto-compounding vault strategies.

    SolFarm(Tulip)

    It is another Aggregator with all it's advantages and additionally it offers auto-compounding vault strategies.

    Conclusion

    There is no surprise in the Top 5. As expected all kind of popular dApps like Marketplaces, Aggregators and NFT Marketplaces are in there. I guess the same picture is visible on most other blockchains too.