Solana has seen a 400% growth in user activity in Q4.
Its DeFi and NFT sectors have also seen considerable growth in the past few months.
Daily user activity on Solana [SOL] has seen a notable rise of almost 400% as the last quarter of the year nears its end. This dwarfed the meager 3% increase seen on Ethereum [ETH], on-chain data provider Messari noted in a new report.
Source: Messari
According to the research firm, the recent surge in new demand for Solana is due to the series of token airdrops completed by some protocols housed within the Layer 1 (L1) blockchain network.
For example, on the 20th of November, the Solana-based oracle network Pyth (PYTH) completed the airdrop of 250 million PYTH tokens worth around $77 million to its early users.
Also, on the 7th of December, Jito airdropped some of its native tokens worth $225 Million to some of its users on the Solana network.
Jupiter, a swap aggregator and one of the largest decentralized finance (DeFi) protocols on Solana,
We współpracy z: https://ambcrypto.com/solana-q4-activity-soars-outpaces-ethereum-report/
