Vincent Diallo retweetledi
The huge Solana wave bw Dec and April was exciting and challenging
We peaked at 160k DAUs and saw more than half a million people onboard onto the platform. Many many low quality wallets but it is what it is
It ended with congestion starting March 2, and the chain getting unusable by the end of March for us and practically everyone else. It was very sobering for all the Solana dApps
The intense growth and then pullback pushed us to build fast and rush our scaling solutions to market that were probably normally a year out
Now we sit at the door of the next phase, all the big puzzle pieces we envisioned are around the corner
All metrics are stabilizing and returning the calendar about 2 months, still around 100k DAUs on most days
Still the biggest consumer product in crypto and collectibles by a wide margin
But one thing is very different from a few months ago
The product is much, much better
And that’s led to incredible growth in what we call our “p5 DAUs,” a custom measure of our most engaged users who use the product as intended
This cohort is what you dream of having for a consumer app. The age old idea is to find 100 users who really love you, not just like you. We have 25,000 of those users every day (!)
And I am so pumped about the next few months. I will be loud about it and keep pounding the vision. Only up
This has been my state of the union address, thanks for listening 😂
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