Solana ecosystem map 2023

Solana ecosystem map 2023. Among these projects include unique Organized by the Solana Foundation, Solana Breakpoint is a multi-day event that brings together developers, industry experts, artists, students, creators, entrepreneurs, and community members from around the world to explore the latest developments in blockchain technology and web3 in the Solana ecosystem. This retention increase may be the result of a few reasons: Developer onboarding is improving. However, in December 2023, we see Solana beginning to outpace Ethereum’s 2020 dynamic as blue chip DeFi names began to airdrop tokens (see Jito). At least that’s what a series of reports that have come out over the last few months have said. An organic rallying cry, “only possible of Solana,” encapsulated the attitude of those who kept building. The funding came on the back of the fast-growing ecosystem developing on Solana, and rising status as one of the leading competitors to Ethereum, the most widely used public blockchain. Is Solana Safe? Solana is a relatively safe Cryptocurrency to invest in. Apr 14, 2023 · Solana Foundation Introduces Convertible Grants and Investments to Propel the Ecosystem. During Breakpoint 2023, key figures in decentralized networks discussed the emerging concept of DePIN (decentralized physical infrastructure networks). com — a resource that aggregates jobs across the Solana ecosystem — has been steadily increasing over time, from 15 in January 2023 to 95 at the time of publication. Nov 20, 2023 at 5:59 p. Building upon the success story of Helium, a decentralized wireless network, Sothan introduces Mar 14, 2024 · SOL is the native cryptocurrency fueling the Solana ecosystem, used for transaction fees and staking to secure the network, with its value influenced by the ecosystem’s growth and market dynamics. But SOL's role extends beyond just being a currency. 7M average daily user transactions in Q4 2023 — Messari SNAPSHOT State of the Solana Ecosystem, January 2024. Throughout 2023, the developer ecosystem has made major advancements in tooling, developer experience, quality of content, and diversity of available programming languages. Jan 8, 2024 · A noteworthy aspect of the Solana ecosystem is the experience level of its developers. Daily active users: 940k+ for Solana, 490k+ for Ethereum. The SOL price fluctuated throughout February. Source: DefiLlama. Today, the Solana developer ecosystem has over 2500 monthly active developers on open source repositories, ongoing growth of professional developers joining the ecosystem Sep 6, 2023 · The online global hackathon offers seven different tracks with up to $1 million in prizes and seed funding. This post will be updated on a bi-weekly basis with the latest news. Also of note was Solana, boasting a 10x growth rate in developers. Updated Mar 8 Apr 30, 2023 · April 30, 2023 by Illustrious. These include the Solana foundation, Gate. With Breakpoint as a catalyst, Solana welcomed a huge pump. me provides online and offline maps, and after an update and a $50 million funding round led by Sam Bankman-Fried, they now support DeFi functionalities. 6, 2023 /PRNewswire Jan 29, 2024 · These sharp price increases took place after the aforementioned cryptocurrency had a rough couple of years, rallying to an all-time high around $250. A number of ecosystem projects helped us to make this a reality. It's used to pay transaction fees and to support the operational costs of the network. From decentralized finance (DeFi) to non-fungible tokens (NFTs), these projects are not only Developer Activity. Solana ran into a series of bugs in early 2022 that caused the network to halt, so the engineering team has been focused on improving Summary. Oct 12, 2023 · Best Solana-Only: Solflare. “Maps are that rare combination of art and utility,” he wrote in a recent blog post. And, experts predict that the token will hit about $0. 00 in late 2021 and then plummeting below $10 Feb 13, 2024 · Solana-based DeFi, airdrops propel crypto wallet Phantom’s user base to new heights. Open source, known for its transparency and collaborative nature, plays a critical role in advancing blockchain technologies. Apr 9, 2023 · Apr 9, 2023--Listen. 18 versus a 52 Throughout 2023, the developer ecosystem has made major advancements in tooling, developer experience, quality of content, and diversity of available programming languages. While far from a full recovery to the previous 2021 high around $240, early The Jito Labs client manages 31% of stake on the Solana network, as of Oct. 14m+ for Ethereum. In keeping with its commitment to keep the Solana network Apr 9, 2023 · This essay explores the state of the ReFi ecosystem on Solana including a background of how we got here, why ReFi, why Solana, modeling the current ecosystem map, state of capital flows, gaps SNAPSHOT State of the Solana Ecosystem, January 2024. Our Q3 2023 Arweave Ecosystem Map includes more than 130 projects, each contributing to the 1. Solana is a high-speed layer-1 blockchain created in 2017 to provide a fast, secure, scalable infrastructure for decentralized applications (DApps Mar 22, 2023 · The Solana ecosystem in 2023 is a testament to the transformative power of blockchain technology, offering a harmonious blend of speed, scalability, and innovation. 0, 64. If 2023 was the year of building foundations, 2024 could be the year of Solana. In doing so, we learned that Solana is a layer-1 blockchain that supports both smart contract and dapp development, which has laid the foundation for a vast ecosystem of DeFi platforms Dec 1, 2023 · Solana Breakpoint 2023 is the annual conference of the Solana community held in Amsterdam from October 30th to November 3rd. 69m for Ethereum. Jan 18, 2023 · Solana saw the highest number of new developers contributing to the ecosystem, with its developer count rising by 83%, the fastest of any major blockchain. Billions of people rely on maps every day of their lives. ” “Through the ups and downs, my mission has always been the same: Build the world’s best map,” he wrote. " SOL Price Action: Solana trades at $105. Over the course of 2023, 3 month developer retention within the Solana ecosystem has increased from 31% to >50%, keeping more developers that join in the ecosystem. 2 million as of September 30, 2023). With tons of incredible content it's likely you missed out even if you were there! To help you catch up, we've compiled all 199 videos from the event below for you complete with 'cliff notes' for each. State compression is a data structure that builds upon the blockchain Throughout 2023, the developer ecosystem has made major advancements in tooling, developer experience, quality of content, and diversity of available programming languages. Today, the Solana developer ecosystem has over 2500 monthly active developers on open source repositories, ongoing growth of professional developers joining the ecosystem While opportunities for developers within the ecosystem are hard to measure, the number of jobs posted to jobs. In our latest feature, we explore the Top 10 Solana Projects of 2023 that are pushing the boundaries of what's possible on this high-performance platform. For free. 8 tCO2. An Overview of the Solana DeFi Ecosystem (2023) An Overview of the Solana DeFi Ecosystem (2023) Over the past year, the Solana DeFi ecosystem has endured many trials, ranging from hacks, network outages, the collapse of FTX, protocols sunsetting, and liquidity drying up. Today, the Solana developer ecosystem has over 2500 monthly active developers on open source repositories, ongoing growth of professional developers joining the ecosystem 15 May 2023, by Solana Foundation. In the month of December 2023 alone 41 jobs were added. Shayon Sengupta from Multicoin Capital, Paul Bohm from Teleport, and Noah Prince from the Helium Foundation presented their insights on how DePINs are revolutionizing the way we build 10 January 2024, by Solana Foundation. So, yes it is a good investment. 4, it rebounded by more than 27%, reaching about $130 by the end of the Mar 1, 2023 · The Solana ecosystem call is planned for March 2, 2023, in which it intends to discuss the state of the ecosystem, among other issues. Later in the month, on March 27, Helium Network’s Jul 6, 2023 · Solana's DeFi ecosystem has grown impressively in 2023, with a 91% surge in TVL on LSD protocols, led by Marinade Finance. At Breakpoint 2023, Rex from Magic Eden, a leading Solana-based NFT marketplace, delivered an insightful talk on the importance of open-source development within the Solana ecosystem. 7M average daily user transactions in Q4 2023 — Messari Nov 23, 2023 · This year, Solana is expected to achieve significant breakthroughs within its ecosystem. Our snapshot of the ecosystem includes over 30 new teams since the last ecosystem map created at the Dec 8, 2023 · Airdrops on the Solana network have played a role in the overall market dynamics. Daily transactions: 25. Summarizing up the 2023 year, Solana said it kept building and doubled down on the network. This is a place to post any information, news, or questions about the Solana blockchain. And despite a worldwide industry downturn, developers have stuck around the Solana ecosystem throughout 2023 and stayed busy Organized by the Solana Foundation, Solana Breakpoint is a multi-day event that brings together developers, industry experts, artists, students, creators, entrepreneurs, and community members from around the world to explore the latest developments in blockchain technology and web3 in the Solana ecosystem. Despite facing significant challenges, the Solana ecosystem has demonstrated remarkable resilience and continued growth, positioning itself as a leading player in the mass Throughout 2023, the developer ecosystem has made major advancements in tooling, developer experience, quality of content, and diversity of available programming languages. 9 tCO2 over the six month period from April 1, 2023 - Sept. Multiple reports show that despite overall industry conditions, developers — especially new developers — kept building on Solana in 2023. "The Solana ecosystem is just getting started. Oct 18, 2023 · Soon after, Blaze launched its token BLZE and began airdropping it to users based on their points. Breakpoint, the annual conference for the Solana community organized by the Solana Foundation, is back for 2023. UTC. 28B transactions and counting posted on chain. The flourishing DeFi sector, the vibrant NFT marketplace, and the active developer community highlight Solana’s commitment to fostering an inclusive and advanced blockchain Breakpoint 2023 was a blast. Championing Solana DeFi 2. The below projects showcase Solana’s versatility and role as a catalyst for broader adoption of decentralized technology. Compared to that, Polygon saw a 40% rise Feb 12, 2024 · According to official news, Bladerite, a leading AAA game within the Solana ecosystem, has recently released its mobile version and is now available on both the Apple Store and Google Play Store Feb 29, 2024 · Feb 29, 2024. Reliability. Today, the Solana developer ecosystem has over 2500 monthly active developers on open source repositories, ongoing growth of professional developers joining the ecosystem Feb 28, 2024 · This guide unveils the most anticipated upcoming Solana airdrops of 2023, providing insights into Solana Waller’s latest airdrops, including the highly anticipated Solana Jupiter airdrops. 52m for Solana, 1. Many projects in the Solana ecosystem updated their project progress, technical improvement, and new road-maps at the conference. offering diverse trading opportunities to NFT Projects like MadLads, SMBs, Rave3NFTs etc. Solana-Powered USDC Payments: Using Helio, attendees could purchase their tickets with USDC, showcasing payments that use the Solana network. By Danny Nelson. Introducing the Latest Biweekly Digest on the Solana Ecosystem! Explore this edition to get a complete understanding of the impressive progress Dec 14, 2023 · At the core of Solana's ecosystem is its native cryptocurrency, SOL. Still, rather than dying under these pressures, it has grown stronger Welcome to the official Solana subreddit. The Solana blockchain has become a clearer choice for developers. The event brought together 3,000 Solana developers, validators, founders, core engineers, ecosystem teams and more to discuss the latest developments and future roadmap. 5% had more than three years of development experience. Amsterdam recently played host to Solana Foundation's 2023 Breakpoint conference. Crowny (CRWNY) Apr 23, 2024 · The Solana network and its ecosystem is seeing a new boom. According to the latest data from Electric Capital’s Developer Report, as of April 2023, Solana has 1,234 active developers. solana. In 2023, Solana showcases an array of projects from rapid DeFi protocols to advanced NFT marketplaces, marking major strides in the web3 domain. It's a crucial part of Solana's security and governance model. Fastest growing crypto ecosystems by overall monthly developers. Let’s take a look at a few statistics (from December 20, 2023). The Helium community voted to migrate their blockchain onto Solana by minting nearly one million hotspots as NFTs using state compression. me: Solana Web3 Map App. One of the first wallets built specifically for Solana. Helium is a decentralized LoRaWAN network that powers individual hotspots in more than 170 countries, as well as offering 5G service to certain American cities. Solana, one of the most well-known layer one blockchain networks, has demonstrated substantial growth during Q1 of 2023, according to a recent report from Messari. “This is a pretty big shift,” says Josh Jul 24, 2023 · Maps. Nov 20, 2023 · Solana's Latest Block Explorer Shoots for Simplicity. Devs, artists, users, and businesses are flocking to the Solana ecosystem. Jan 8, 2024 · Throughout 2023, the developer ecosystem has made major advancements in tooling, developer experience, quality of content, and diversity of available programming languages. At Breakpoint 2023, Michael Sothan, the Head of Revenue & Strategy at Hot Spotty, shares insights into the future of decentralized physical infrastructure networks (DePIN) and their role in driving mainstream adoption of Web3 technologies. 01 for developer and users) Mar 4, 2024 · With more Solana ecosystem developments, Bonk leads the way for the network’s meme coins and digital payments. State of the Solana Ecosystem, January 2024. me isn't a new project, but after integrating DeFi by building on Solana and Serum, it enhanced the user experience. To reorder the list, simply click on one of the options - such as 24h or 7d - to see the sector from a different perspective. Solana Breakpoint attendees can expect Sep 11, 2023 · Summary. 1. The beginning of 2023 was the depths of the coldest winters, a difficult time for people across the Solana ecosystem and the greater blockchain community. This essay explores the state of the ReFi ecosystem on Solana including a background of how we got here, why ReFi, why Solana, modeling the current ecosystem map, state of Sep 3, 2023 · As the blockchain ecosystem continues to expand, Solana has carved out a unique space for itself, offering unparalleled speed and scalability. Dec 5, 2023 · Token Recovery: Solana’s native token, SOL, experienced a 22% surge on November 10, 2023, breaking past the $54 mark for the first time since May 2022. 00007 in 2024 and continue to Jun 1, 2024 · This cutting-edge platform, which ranks third in the Proof-of-Stake Coins sector, second in the Solana Network sector, and seventh in the Layer 1 sector, currently boasts a market capitalization in excess of $50 billion as of February 2023. LARIX is trading at $0. This was also noted in Solana’s own recent developer report. Phantom, a crypto wallet heavily used in the Solana ecosystem, has seen its active user base more than triple Aug 22, 2021 · A New Ethereum Competitor. Dig into the research. 3, 2023. May 20, 2024 · 6. Think of SOL as the fuel that powers the Solana engine. from other researchers from both inside and outside the Solana ecosystem Jan 29, 2024 · Summary: Exploring the Solana Ecosystem – List of the Best Projects on Solana In today’s article, we kicked things off by exploring the Solana ecosystem. In a recent presentation at Breakpoint 2023, Akshay Yeleswarapu, Founder & CEO of Proto, laid out the company's vision for a revolutionary approach to mapping. After dropping to $95 on Feb. Solana, as a single ecosystem, generates the same or more NFT mint volume than all of the leading EVM chains put together. Oct 31, 2023 · The first day of Solana Breakpoint 2023, taking place in Amsterdam from 30 October to 3 November, was a hotbed of innovation and announcements. Over 1000 validators and 20% of active stake went offline in a matter of hours. Welcome to the official Solana subreddit. Source: SOL-USD on Coinbase via TradingView. Today, the Solana developer ecosystem has over 2500 monthly active developers on open source repositories, ongoing growth of professional developers joining the ecosystem Dec 21, 2023 · The beginning of 2023 was the depths of the coldest winters, a difficult time for people across the Solana ecosystem and the greater blockchain community. Learn how to qualify, claim free SOL tokens, and explore the top Solana ecosystem airdrops in this comprehensive dive into the world of airdrops on Solana. Active developers dropped by 12% YoY, however, this number is 339% higher than two years ago. Jun 16, 2023 · Recap 2023 with our Solana Ecosystem June blog featuring top dApps like Drift, GooseFX etc and NFT projects like MadLads & SMBs and more! Discover the dynamic Solana ecosystem, from DeFi protocols like GooseFX, OpenBook and Drift etc. 3m+ for Solana, 1. During Breakpoint 2023, a prestigious event hosted by Solana, core contributors and industry leaders gathered to share updates on the advancements within the Solana ecosystem. Today, the Solana developer ecosystem has over 2500 monthly active developers on open source repositories, ongoing growth of professional developers joining the ecosystem Throughout 2023, the developer ecosystem has made major advancements in tooling, developer experience, quality of content, and diversity of available programming languages. Looking Ahead: Solana’s DeFi Opportunity Aug 19, 2022 · What differentiates Solana to make it the fastest growing ecosystem: Fastest blockchain in the world (400 millisecond block times, and potential for 65,000 tps and higher) Scalability. Anatoly Yakovenko, Solana's founder, praised this remarkable progress on Twitter. Maps. It’s an opportune time to explore some of the top projects on Solana that are redefining decentralized technologies. For a wallet designed exclusively for the Solana ecosystem, Solflare is a top choice. Thanks to the project’s recovery (price-wise), a significant reduction in network outages (none since February 2023), and an array of positive events around the project in the last quarter of 2023, Solana has become a strong point of attention for cryptocurrency investors and developers. Measuring developer activity on a blockchain is a critical task. The growing integration of Solana with metaverse technologies suggests a promising Listed below are the top crypto coins and tokens used for Solana Ecosystem. its peers. This new section of Solana. Those at Breakpoint 2023 saw this go from an event about blockchain to an event being run on the blockchain. During the degraded period, block leaders automatically entered into vote-only mode, a safety state in which leaders opt to omit economic transactions and instead include only votes when creating blocks. This trend is reflected in the demographics of the Solana Hacker Houses attendees in 2023, where 52. Executive Summary: The Solana ecosystem has experienced significant growth and development over the past year, solidifying its position as a leading contender in the blockchain Feb 1, 2024 · Solana (SOL) ecosystem: An overview. Web-scale blockchain with speeds of 50k TPS. In early June, Solana made headlines after closing a $314 million private token sale round led by Andreessen Horowitz and Polychain. Every Solana partnership, collaboration, and integration – all in one place. Here’s an overview of its benefits: Developed by Solana Labs, creators of Solana blockchain. Broader dynamics for Solana’s DEX ecosystem were beginning to map onto Ethereum in 2020, including for total active DEX traders. The best way to experiment & explore with NFTs. Composability (allows different participants on Solana’s blockchain to communicate and work with each other) Low Cost (less than $0. 21 December 2023, by Solana Foundation. Dec 6, 2023 · The Solana blockchain’s carbon footprint totalled 4,392. The team behind SolanaFM says its overhauled service already has 53,000 signups. SOL, Solana's native cryptocurrency, also enjoys bullish momentum. SAN FRANCISCO, Dec. These distribution events contributed to a surge in key metrics. More than half of the developers joining Solana possess over three years of experience. The conference featured discussions on technology improvements, scalability, new applications, developer tooling, and the broader impacts of recent developments on the Mar 31, 2023 · Updated March 31, 2023. 6, 2023 /PRNewswire/ -- The Solana Foundation, a non-profit Jan 16, 2023 · The platform has several investors and partnerships that allow it to expand its services into new asset classes and create liquidity in the real economy. Beyond the fears, uncertainties, and doubts -- what's really going on in the Solana ecosystem? In conclusion, this research report provides a detailed overview of the Solana ecosystem, its most relevant events, technological innovations, and use cases for 2023. 3300 active developers building on Solana as of Q4 2023 — Electric Capital 40. The conference serves as a focal point for blockchain developers, investors, and enthusiasts to discuss and explore the latest developments in the Solana ecosystem. That’s why in the spirit of community-led, decentralized initiatives, Solana Labs is proud to announce a redesigned Solana ecosystem directory. They are listed in size by market capitalization. 0003 with a market capitalisation of $3,352,000. Coming this fall to Amsterdam, Breakpoint promises to be better than ever. Jan 31, 2024 · Since launching in March 2023, state compression has driven Solana mint dominance in the market where the ecosystem now commands >60% of total monthly NFTs vs. SAN FRANCISCO, Sept. April 14, 2023 by Illustrious. Solana Breakpoint attendees can expect Jan 18, 2024 · Among these, the report revealed that Starknet, Osmosis, Moonbeam, and Optimism ranked as the fastest-growing crypto ecosystems by overall monthly devs. For instance, Solana's trading volume recorded a significant rise, hitting an all-time high of around $746 million as of December 7, 2023. Pioneers like Raydium, Mercurial Finance, and Orca offer advanced decentralized exchange capabilities. 30, 2023, annualized to 8,785. Collectibles every week from your favorite creators. In one recent example, server provider Hetzner abruptly blocked Solana validators from using its services in November 2022. Solana Ecosystem Biweekly Digest #10. Here are some of the highlights of the Jan 4, 2023 · The developer devices (DVT-1) have already shipped, and the Solana dApp Store will accept its first applications in January, with Saga phones for the general public shipping in early 2023. The Solana Foundation, the organization behind the Solana blockchain network, has announced a new funding program aimed at supporting developers, startups, and projects within the Solana ecosystem. It then went on to put in a local top around $68 on November 16, 2023. Dec 21, 2023 · The beginning of 2023 was the depths of the coldest winters, a difficult time for people across the Solana ecosystem and the greater blockchain community. Today, the Solana developer ecosystem has over 2500 monthly active developers on open source repositories, ongoing growth of professional developers joining the ecosystem Jul 24, 2023 · 24 July 2023, by Solana Foundation. m. 5% of BLZE supply is being airdropped to users through the initial airdrop and ongoing rewards. Today, the Solana developer ecosystem has over 2500 monthly active developers on open source repositories, ongoing growth of professional developers joining the ecosystem Jan 8, 2024 · Throughout 2023, the developer ecosystem has made major advancements in tooling, developer experience, quality of content, and diversity of available programming languages. SNAPSHOT State of the Solana Ecosystem, January 2024. Continued involvement in improving Solana network. Solana energy use per transaction has declined by 25% since the last energy use update and total emissions decreased by 17. Dec 21, 2023 · Innovations within the Solana ecosystem moved at a breakneck pace in 2023, as teams collaborated to introduce new standards and tools for the entire community. Today, the Solana developer ecosystem has over 2500 monthly active developers on open source repositories, ongoing growth of professional developers joining the ecosystem Devs, artists, users, and businesses are flocking to the Solana ecosystem. This subreddit is operated by the Solana Foundation. Dec 6, 2023 · The Solana Foundation maintains carbon neutrality and for the first time, offset 100% of the network's 2022 carbon footprint through onchain carbon credits. Despite earlier challenges related to network performance degradation, Solana's fundamentals improved significantly during the first quarter. io, Bitmart and Polygon. Summary. Amidst a general overview of map usage and their integration into daily life, Yeleswarapu identified the limitations of current mapping techniques and the potential for user-generated Dec 21, 2023 · The beginning of 2023 was the depths of the coldest winters, a difficult time for people across the Solana ecosystem and the greater blockchain community. Monthly new addresses: 5. 5%. The State Machine: The Keynote at Breakpoint 2023. Summary: On February 25th 2023 at approximately 05:46:16 UTC, the Solana Mainnet Beta cluster began to experience long block finalization times. com will allow people to list their own projects, discover others they may not have heard of, and vote for their favorites. Dec 21, 2023 · State Compression Unlocked ‘Cambrian Explosion for Digital Assets’. GROWTH. Nov 10, 2023 · Nov 10, 2023. The Solana community not only stuck around, but doubled down. In her compelling talk at Breakpoint 2023, Anna Yuan, Growth Lead for Stablecoins & International Markets at the Solana Foundation, provided a macro-focused, forward-looking perspective on the state of stablecoins and their burgeoning role in the global financial landscape. There are now over 120 projects in the Solana ecosystem and counting! To celebrate these milestones, the Solana Foundation will be releasing a bi-weekly ecosystem update highlighting the vast array of projects using the Solana blockchain. Solana is a source of constant controversy - that was true before FTX's collapse. . Each has an AI generated summary with quotes, facts + figures and Q&A to help you choose which videos to watch and In the closing months of 2023, Solana surpassed Ethereum in several key metrics. “They are both incredibly beautiful and useful. One of the important measures of validator health isn’t a number, but how the validator network performs in a crisis. Blaze’s TVL in SOL grew by 1,234% QoQ to 452,000 SOL ($9. Blockchain. In April, the Solana Foundation announced state compression, an ecosystem-wide experiment with a new approach to reduce costs for decentralized apps by magnitudes. General admission tickets, as well as applications for developer, creator, and student tickets, are now available. Learn More. The Arweave Ecosystem is a unique landscape in the world of web3. Market Cap $225,789,119,602. dn ch yz jg ln zr nl qu bp wi