Coinbase analysis of Solana network costs: activity tends to be in the western US time slot, and DEX fees account for a higher proportion than Ethereum
According to the latest research report released by Coinbase Institutional, the activity of the Solana (SOL) network typically peaks during US time periods, but compared to Bitcoin and Ethereum, Solana's activity seems to be more biased towards time zones on the West Coast of the United States. The report points out that Solana's transaction fee expenditure is consistent with other low-cost networks, with the top 0.13% of users contributing 90% of non voting transaction fees, most of which come from DEX trading activities.
The peak activity is biased towards the West Coast time zone of the United States
The Coinbase report points out that Solana's transaction fee expenses surged during the US session, which is consistent with the pattern they have observed on other exchanges. But Solana's peak activity time tends to be in the Pacific Time Zone of the United States, suggesting that its user base may differ geographically from Bitcoin and Ethereum.
The report also mentioned that Solana's transaction fees peaked during the third quarter of 2024, occurring at 8pm UTC (4pm EST). David Han, a research analyst at Coinbase Institutional, pointed out that this is an interesting peak period because apart from the West Coast of the United States, no other major economic regions will be active in the market during this time.
In contrast, the peak of Base's activity occurs at 10am Eastern Time, similar to Ethereum, while the peak of Arbitrarum and Polygon PoS occurs at 9am Hong Kong Time, demonstrating their influence in the Asian market.
Failed transaction costs decrease
The report also pointed out that in the third quarter of 2024, the fees generated by Solana's "failed transactions" significantly decreased, accounting for about 26% of the total transaction fees, which has fallen sharply from the peak of 55% in March. Although this ratio is still higher than other low-cost chains (such as Coinbase's Base, which averages 14%), Solana's transaction failure rate is gradually approaching the peer range.
The activity is still focused on DEX
In terms of active user concentration, the top 0.13% of Solana accounts contributed 90% of the total non voting fees. The research report shows that 75-90% of Solana's fees are related to DEX transactions, which is higher than the proportion of DEX activities in Ethereum and Base, which are 55-65% and 60-70%, respectively.
Coinbase analysts believe that this phenomenon may be driven by a large number of memes within the Solana ecosystem. However, Solana's rapidly developing gaming and decentralized physical infrastructure network (DePIN) ecosystem is expected to further expand demand sources in the long term, reducing reliance on DEX fees.
(责任编辑:发现基金)
- 什么天气要注意什么-什么天气要注意什么事情
- 政府监管可能成为超额抵押稳定币面临的主要风险:探讨与应对策略
- 股票重组后跌-股票重组后跌停说明什么
- v官方手机端软件 meme币苹果软件app下载链接
- 福能东方主力净流入超千万元,股民或因信披违规可索赔
- 10月31日诺安创新驱动混合A净值增长0.48%,今年来累计上涨23.76%
- 达利欧:美联储处境艰难,不应当降息,警告「不合适的降息」后果
- 福布币交易平台
- 什么叫显卡挖矿 什么叫显卡挖矿行为
- 寻道大千攻城结束是什么 寻道大千世界笔趣阁
- 闪银遭到了冻结之后怎么才能解封呢?
- 比特币交易平台成交数据
- 「新美联储通讯社」终极前瞻 9 月会议:情况复杂,首次降息幅度仍存疑
- 10月31日申万菱信乐享混合净值增长1.26%,近3个月累计上涨20.2%
- 国内怎么出手比特币-讨论在国内卖出比特币的方法
- 怎么参与ico众筹
- 10月31日国泰大健康股票A净值增长0.05%,近3个月累计上涨14.0%
- 玩股票需要注意什么
- dip币价格走势-dip币2020
- 10月31日大成新锐产业混合A净值下跌0.24%,近1个月累计下跌5.41%
- 欧易交易所下载 views+
- 全球三大虚拟货币交易平台 views+
- okx交易所app官网 views+
- 亿欧app下载 views+
- 0kx交易所官网 views+
- 欧亿app官网正式版下载 views+
- 易欧app官网下载 views+
- 虚拟货币交易平台有哪些 views+
- 数字货币交易所 views+
- OK交易所官网入口登录 views+