Step Data Insights

SOLANA Q3 REPORT OUT NOW Our report presents a comprehensive review of Q3 2023 for Solana, highlighting ecosystem data, growth and narratives playing out. Click here to read 👇 step.finance/reports/solana…

Seems a lot of people lately are forgetting this after the recent pump: Solana can be shut off at the press of a button But how exactly does that button get pressed? The Nakamoto Coefficient measures the minimum number of validators or nodes that would need to collude for censorship, or prevent a blockchain from operating correctly. In this metric, the larger the Nak. Coefficient is compared to the number of nodes or validators, the more decentralized the blockchain network is. Solana leads the Nakamoto Coefficient among major L1s with a 31 NC, followed by Avalanche and Ethereum, with 27 and 20 respectively. As per @SolanaFndn's most recent Validator Health Report, the Solana Network has a total of 2,919 nodes operating in 392 different data centres located in 31 countries. So, in other words: Yes, @toly can just do it from his Saga while grocery shopping.

Solana's largest community run conference in 2024 just announced! 🔥 Be there.😤

@SolanaCrossroad @bobbyong @at_mwagner 😤

Announcing Solana Crossroads 2024! Join us in Istanbul this May for Solana Crossroads' 2nd Annual Conference. Over two days, connect with 3,000 attendees and hear from world-renowned speakers like Coingecko's Co-founder @bobbyong and Star Atlas' Co-founder @at_mwagner, with more to be announced soon. Attendees will experience exclusive Turkish parties, VIP networking, and showcases of top Solana projects, all at the iconic Hilton Bosphorus establishment in Istanbul! ⏰ You can get your limited time early bird tickets starting today ⏰ Announcement details on Yahoo Finance 👇 finance.yahoo.com/news/solana-ho…

🚨 Solana raised approximately 2,000 $SOL in fees over the past 24 hours, out of which 1,000 $SOL were burned.

BREAKING: $127M USDC has been added to the circulating supply on Solana today.

NEW: @solana TVL remains above $900M

BREAKING: @solana HAS SEEN ALMOST $5B OF DEX VOLUME IN THE LAST 7 DAYS.

NEW: @solana TVL IS NOW ABOVE $900M.

NEW: Only one @ethereum NFT Collection is on the Top 10, while there are 4 Solana Collections.

BREAKING: @solana HAD 46% MORE VOLUME THAN @ethereum IN THE LAST 24 HOURS.

BREAKING: @solana DAILY ACTIVE ADDRESSES JUMP TO OVER 630K, 40% MORE THAN @ethereum

.@Kamino_Finance JTO-JitoSOL boosted APY is at 19,169%.

BREAKING: @solana DAILY DEX VOLUME RECORDS ATH OF $735M.

Solana did 70% of Ethereum's DEX volume over the past 24 hours.

Solana is recording strong inflows from all chains, particularly Ethereum. h/t @deBridgeFinance

BREAKING: @solana TVL explodes to $833M, from just $600M days ago.

BREAKING: $JTO has recorded almost $40M of on-chain volume in the first hour of trading.

Solana is inching towards $66, driven by on-chain volume growth and bullish sentiment around the $JTO token being listed on Coinbase and Binance.

Solana DeFi 🚀