• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: FTX Trust Sues Genesis To Recover $1 Billion Allegedly Misappropriated By SBF
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: FTX Trust Sues Genesis To Recover $1 Billion Allegedly Misappropriated By SBF
Solana news

Solana Is In Unprecedented Prime Condition, Says Developer

Jake Simmons
by Jake Simmons
1 year ago
·
Posted in Solana
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In a post on X, Vibhu Norby, the CEO of the Solana-based company Drip Haus, has painted a detailed picture of Solana’s recent journey through scalability challenges and significant user growth. His analysis sheds light on both the obstacles and the advancements within the ecosystem.

Why Solana Is In The Best State Ever

Norby begins by recounting the substantial increase in network activity that Solana experienced between December and April due to the memecoin craze. He describes this period as both “exciting and challenging,” with the network peaking at 160,000 daily active users (DAUs) and over half a million new users onboarding.

Despite the surge, Norby points out a downside to this rapid expansion: the influx of “many low-quality wallets,” which he accepts as an inevitable aspect of such growth phases in blockchain networks. The increased load led to severe network congestion starting on March 2, escalating to a point where the blockchain became “unusable for us and practically everyone else” by the end of March.

Norby describes this period as “very sobering” for all developers involved with Solana’s decentralized applications (dApps), prompting a scramble to deploy solutions that were originally slated for a later stage. “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,” he explains.

Related Reading: How These Solana Meme Coin Traders Turned $6,400 Into $8 Million In 24 Hours

Despite these challenges, the CEO’s tone shifts to one of optimism as he discusses the current state of Solana. “Now we sit at the door of the next phase, all the big puzzle pieces we envisioned are around the corner,” Norby notes, indicating a turning point for the network.

He reports that all key metrics have stabilized, with the network maintaining an impressive count of approximately 100,000 DAUs. He emphasizes Solana’s continued dominance in the crypto and collectibles space, highlighting its standing as “the biggest consumer product in crypto and collectibles by a wide margin.”

One of the most significant changes Norby highlights is the improvement in product quality, which he credits for the “incredible growth” in what Drip Haus refers to as “p5 DAUs.” This measure tracks the most engaged users who utilize the product as intended. Norby reveals that this group now consists of 25,000 daily users, describing this as the kind of dedicated user base “you dream of having for a consumer app.”

Related Reading: Solana Records ‘Dramatic Increase’ In Institutional Demand: Report

Mert Mumtaz, CEO of Solana based Helius Labs recently also celebrated Solana’s success in terms of DAUs. He remarked, “I’m generally against DAU metrics for blockchains (especially low-fee ones) but *returning* DAUs (meaning not new addresses via sybil) is useful to look at and that seems to be the highest it’s ever been in Solana history.

Solana DAUs
Solana DAUs | Source: X @0xMert_

Norby’s enthusiasm escalated as he discussed the near future: “And I am so pumped about the next few months. I will be loud about it and keep pounding the vision. Only up.” This sentiment underscores a strong confidence in the continued growth and enhancement of the Solana ecosystem.

At press time, SOL traded at $137.5, up 10.5% in the last 24 hours.

Solana price
SOL price, 1-week chart | Source: SOLUSD on TradingView.com
Featured image from Binance, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Jake Simmons

Jake Simmons

Follow

Jake Simmons has been a Bitcoin enthusiast since 2016. Ever since he heard about Bitcoin, he has been studying the topic every day and trying to share his knowledge with others. His goal is to contribute to Bitcoin's financial revolution, which will replace the fiat money system. Besides BTC and crypto, Jake studied Business Informatics at a university. After graduation in 2017, he has been working in the blockchain and crypto sector. You can follow Jake on Twitter at @realJakeSimmons.

Full Profile

Related Posts

Solana

Helius Takes First Step In Solana Treasury With $175 Million Purchase

3 days ago
Solana

Solana’s Next Major Step – Forward Industries Move To Launch Tokenized Shares On-Chain

4 days ago
Solana

After Massive Solana Buying Spree, Here’s How Much SOL Now Sits In Treasury Reserves

5 days ago
solana

Solana Treasury Gains Traction As ARK Invest, UAE Commit $300 Million To Solmate

1 week ago
Solana

Solana Takes The Crown As Leader In App Revenue Generation – Here’s How Much

1 week ago
Solana

Forward Industries Launches Solana Treasury With $1.58 Billion Purchase

1 week ago

Premium Sponsors

Press Releases

  • 上線倒計時:僅剩25天可搶購 Snorter Bot 代幣

    2 days ago
  • 加密錢包掀起發幣熱潮 Best Wallet...

    4 days ago
  • Bitcoin Hyper

    ChatGPT предсказва следващата 1000x...

    4 days ago
  • Snorter надхвърли $4 милиона след...

    5 days ago
  • Experience the Next Chapter of Pickleball with the $PKL Token Presale.

    Experience the Next Chapter of Pickleball with the $PKL...

    1 week ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.