Solana Co-Founder Reveals What’s in Store for the Top Altcoin Project, Says SOL Is Beating Rivals on This Metric

Solana (SOL) co-founder Anatoly Yakovenko is unveiling how the smart contract platform is outperforming competing Ethereum (ETH) challengers.

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 says that Solana’s goal is to have as many developers and entrepreneurs launch their products on the blockchain network as possible. He lays out the path that he believes would see Solana one day reach a staggering 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 is exchanging hands at $81.20 at time of writing, a 10% decrease from its seven-day high of $90.42.

I

Check Price Action

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp
Check Latest News Headlines

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Anastelfy