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Messari non-EVM chain report: Solana data is still substantially ahead of Cardano, Algorand and others

Crypto analytics firm Messari released the latest non-EVM blockchain report on July 7, pointing out that among the leading non-EVM blockchains, Solana outperforms its competitors in most of the most basic indicators. Solana has created an independent and prosperous ecosystem, but fierce competition is coming.

For Cardano, Algorand and Tezos, development activity remains key, Messari said, with a new DeFi application driving the growth of lock-ups in the Algorand chain in this bear market and Cardano’s aggressive pricing compared to adoption of standards.

The market also seems to be looking forward to Cardano’s upcoming fork upgrade.

Messari pointed out on Twitter that unlike EVM chains, which provide a consistent experience, non-EVM chains have a different experience, and this uniqueness makes non-EVM chains harder to engage users and developers, but once engaged users tend to become stickier.

Messari mentioned that Solana is still the clear leader in non-EVM blockchains.

Based on the number of active addresses and transaction activity, Messari classified non-EVM blockchains into three types, including mature ecosystems (Solana), growing ecosystems (Cardano, Algorand, Tezos), and struggling ecosystems (Neo).

According to Messari, as of July 13, Solana had 100,000 to 1 million active addresses per day, Cardano, Algorand and Tezos had 10,000 to 100,000 active addresses per day, and Neo had only 100 to 1,000.

As for trading activity, as of July 13, Solana can average 10 million to 100 million daily trades, Neo, Algorand and Tezos can average 100,000 to 1 million daily trades, and Cardano can average only 10,000 to 100,000 daily trades.

It is worth noting that Messari pointed out that the recent average of the number of active addresses of Solana and Tezos is higher than their long-term average, and the adoption rate of Solana and Tezos is growing continuously. The average adoption rate of Solana and Tezos only decreased slightly during the recent bear market.

The overall health of Solana and Tezos user metrics can be attributed to their success in NFT.

According to Messari, as of July 13, Solana’s 5-day average number of active addresses was 243,442, its monthly average number of active addresses was 280,246, its quarterly average number of active addresses was 328,532, and its annual average number of active addresses was 193,484.

The number is at an all-time high of 448,553.

Comparison of the number of non-EVM block chain flat-jump addresses Solana recently faced TVL flooding storm.

A report by Coindesk on Saturday took aim at Solana stablecoin exchange Saber co-founder Ian Macalinao and his brother Dylan for creating 11 anonymous developers of the ecosystem’s different protocols.

Start the Solana TVL irrigation project.

According to the report, the brothers created a vast network of DeFi protocols that projected billions of dollars worth of double-counting into Saber’s ecosystem, leading Solana TVL to surpass $10 billion in early November last year. Saber and Sunny, when Solana TVL peaked at $10.5 billion,

It accounts for about $7.5 billion of TVL.