What attracted these users to Solana, which saw a doubling of its independent users in the past month, according to Messari?
What drew users to Solana, which gained double the number of independent users in the past month according to Messari?
Over the past month, the number of independent users on Solana has doubled, with a large portion of them being new users. Messari researchers analyzed the data to determine what attracted these users and how they are participating in the ecosystem. They believe that the short-term high retention rate is driven by an increase in new consumer application activity over the past few months.
Gateway applications play a critical role in the user’s first interaction within the ecosystem. In the past year, the focus of gateway apps on Solana has shifted across various domains: Defi -> Gaming -> NFT Marketplace -> Hybrid. It is worth noting that in recent months, most of the gateway applications come from the consumer sector, such as Dialect and Access Protocol.
New features such as programmable NFTs and NFT compression, coupled with Solana’s low-cost, high-throughput environment, make it an ideal network for consumer applications to thrive. Although Solana’s long-term user retention rate lags behind its competitors, its short-term retention rate is second only to Arbitrum. The short-term high retention rate is driven by increased new consumer application activity over the past few months. The ability of these applications to retain users in the long term remains uncertain. However, these specialized applications are expected to have a crucial impact on maintaining long-term user engagement and driving ecosystem development.
Reference: https://twitter.com/0xallyzach/status/1664285878288789507
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