Recent Challenges and Growth
Solana has experienced a surge in popularity, with daily active users (DAUs) peaking at 160,000. However, this rapid growth led to network congestion and a period of instability.
Current State and Future Outlook
Despite the challenges, Solana has stabilized and is now in an unprecedented position. All key metrics are positive, with around 100,000 DAUs. Solana remains dominant in the crypto and collectibles market.
Product Quality and Engaged Users
Product quality has improved significantly, leading to an “incredible growth” in engaged users. This dedicated user base of 25,000 daily users is essential for a successful consumer app.
Optimism for the Future
The CEO of Solana-based Drip Haus, Vibhu Norby, is optimistic about the future. He believes that Solana is on the cusp of a new phase with key advancements on the horizon. This confidence is reflected in the recent price increase of SOL.
