Solana (SOL) Artık İkincil NFT Satış Hacmine Göre İkinci En Büyük Protokol

Solana, the popular open source Blockchain that aids smart contracts, has recorded a notable market performance over the past months. According to veri from cryptocurrency analytics platform Messari, Solana’s NFT sales volume has resulted in it becoming the second-largest protocol by the end of the quarter, while Ethereum took the first place.

Solana’s NFT market performance

Despite the, the volatility recorded in network usage and infrastructure, which surfaced during the close of the quarter, the first quarter saw the smart contract platform welcome new NFs. The NFT market reacted in upsurge, as the volume of sales hit a billion. 

The network’s diversification of TLV across different DeFi applications, such as the upgrading of the user experience with the Phantom mobile wallet, along with the launch of different applications within the network, outside the Defi space, played a massive role in Solana’s growth.

However, the network also saw some pushback, as network failure surfaced once again. On the 2^nd of May, the network was shutdown for 8-hours, and was only live, after network validators carried out a cluster restart. This is one amongst several other cases, which have been traced back to severe network congestion.

Solana’s network performance is both promising and concerning

Over the last quarter of this year, Solana has seen an upswing in certain metrics. Similarly, some downward moves have also surfaced.

As Messari notes in its report “while market cap and revenue declined by 30% and 43.5%, respectively, the network experienced continued uptrends in usage, quantified by average active unique fee payers (+28.4%), average transactions per second (+94.8%), and total average daily transactions (+4.2%).”

Additionally, the drop in the generation of revenue reflets the drop-in average transaction fees, which was at -44.8%, as the report noted. Revenue also dipped due to the degraded network performance. This was traced back to a major downswing during periods of network congestion.

"Because revenue declined faster than market cap, the price-to-sales (P/S) ratio trended upward, moving from 676x to 991x. Unlike last quarter, network usage continued to grow while financial performance declined.” - Messari.

Sunil seri bir girişimci ve 2 yıldır blockchain ve kripto para birimi alanında çalışıyor. Daha önce Govt. of India, InThinks'in başlangıcını destekledi ve şu anda Coingape'in Baş Editörü ve fintech başlangıcı SquadX'in CEO'sudur. Kripto para birimi ve blockchain hakkında 100'den fazla makale yayınladı ve başarılarına bir dizi ICO'ya yardımcı oldu. Blockchain geliştirme endüstriyel eğitimini birlikte tasarladı ve geçmişte birçok röportaj yaptı. Twitter'da onu takip et @ sharmasunil8114 ve sunil (at) coingape.com adresinden ona ulaşın

Sunulan içerik yazarın kişisel görüşünü içerebilir ve piyasa koşullarına tabidir. Kripto para birimlerine yatırım yapmadan önce pazar araştırmanızı yapın. Yazar veya yayın, kişisel mali kaybınızdan sorumlu değildir.