Solana Co-Founder Reveals Daily User Traffic and Goal of SOL in Interview

• Solana -High-performance blockchain
• Visible growth in daily SOL users
• Yakovenko about SOL goal
• Solana’s milestone

Solana (SOL) is a blockchain focused on making it scalable while maintaining safety and decentralization. Solana’s native token, SOL, is used to pay for transactions on and in network management.  The live Solana price today is $81.91 USD with a 24-hour trading volume of $1,048,158,980 USD.  Solana is up 1.08% in the last 24 hours.

Visible growth in daily SOL users

Anatoly Yakovenko, co-founder of Solana (SOL), reveals how smart contract platforms outperform rival Ethereum (ETH) challengers.

A smart contract is a self-executing contract in which the terms and conditions of the contract between the buyer and the seller are described directly in the line of code. The code and the contracts reside on a decentralized blockchain network. The code controls execution, and transactions are traceable and irreversible.

In a new interview with Circle co-founder and CEO Jeremy Allaire, Yakovenko says that the number of active daily users on Solana exceeds that of other smart contract platforms, such as leading altcoin Ethereum and layer-2 scaling solution Polygon (MATIC).

“[Solana has] about two million monthly active users, and we’re seeing daily active users sometimes break what Polygon and Ethereum are seeing, like 300,000 or so daily active signers.

That, to me, is a really important metric because it signals that there’s more real human activity, more people doing something on this chain that’s valuable to them. That’s really exciting.”

Yakovenko about SOL goal

Anatoly Yakovenko states that Solana’s goal is for as many developers and entrepreneurs as possible to launch their products on the blockchain network. He shows the way he believes Solana will one day reach an astonishing 100 million users.

“The thing we are actively trying to enable is [allowing] all these new entrepreneurs to launch their projects, launch their products.

What I want to see is if we actually hit 1,000 teams building something in the hackathon. Ten thousand? Can we make this even bigger? Because if that’s happening, if you actually get to a point where there are thousands of devs building something, then the 100 million users are just around the corner.

You cannot stop that wave.”

Solana’s Milestone

One of the major factors that led to this outstanding performance is a spike in investors’ interest in Ethereum’s competitor platforms with DeFi, NFT, and smart contract offerings.

SOL’s dramatic rise was the launch of NFT Degenerate Ape Academy built on Solana blockchain on August 15. A collection of 10,000 cartoon apes sold out in merely 8 minutes, involving 96,000 SOL or $5.9 million.