Comprehensive Solana Data and Enhanced Staking Insights
Building on the success of previous releases, Coin Metrics is excited to announce a significant expansion of support for the Solana ecosystem. With its blazing-fast transaction speeds and innovative architecture, Solana has emerged as a dominant player in the Layer 1 blockchain landscape, driving rapid growth across its ecosystem. This latest update introduces 38 new Staking and Yield Metrics, further solidifying Coin Metrics as a leader in blockchain analytics.
Key Highlights of the New Metrics
Staking Supply Insights
- Gain detailed insights into the total amount staked on Solana, along with the number of stakers contributing to network security.
- View metrics broken down by validators, delegators, and aggregated views, offering a comprehensive perspective of staking activity.
Number of Stakers
- Track the number of consensus participants, including delegators and validators, to better understand network engagement and staking dynamics.
- Explore how staking supply is influenced by changes in the number of active stakers.
Detailed Revenue Analysis
- Analyze the revenue distribution paid to validators and delegators, providing clarity on the economic incentives for participating in Solana’s consensus mechanism.
- Break down revenue sources to see what percentage originates from network fees versus other mechanisms.
Yield Insights
- Compare Solana’s staking yields against other Layer 1 networks, such as Ethereum, to evaluate competitive opportunities for capital allocation.
- Understand potential staking returns, helping clients make informed decisions in the rapidly evolving blockchain ecosystem.
Granular Network Insights
Coin Metrics continues to deliver unparalleled visibility into Solana’s network and token activity. With 155 end-of-day metrics, clients gain the tools to analyze critical trends with precision, enabling:
- Comprehensive evaluations of network performance.
- Insights into token activity and staking behavior.
- Cross-network comparisons to optimize decision-making.
With this release, Coin Metrics expands its leadership in providing trusted, high-quality analytics for Solana and other major blockchain networks. Whether you’re monitoring staking yields, network activity, or token performance, Coin Metrics empowers clients with the insights needed to navigate the blockchain landscape confidently.
Ready to explore the new metrics? Contact us today or visit our documentation to get started.
Continued Commitment to Solana Analytics
With this release, Coin Metrics now provides its trusted analytics for SOL and 29 SPL tokens, reinforcing our commitment to delivering the most reliable insights into Solana’s network and asset activity. For those interested in understanding the evolving stablecoin landscape, we encourage you to explore our State of the Networks (#274, #243, #236, #228) and Special insight Decoding the Digital Dollar.
To dive deeper into the Solana ecosystem, we recommend reading State of the Network #254 which analyzes Solana’s performance and network activity, or exploring our Layer 1 reviews in SotN #275 and SotN #256 to see where Solana stands among Layer 1 blockchains.
Newly Supported Metrics
| DelegatorAddCnt1d | Daily Added Delegators | SplyDelegatorActStkedUSD | Sum of all balances from active delegators (USD) | |
| DelegatorAPRNominal | Nominal staking rate of delegators (%) | SplyStkedNtv | Supply Staked by Stakers (native units) | |
| DelegatorAPYNominal | Real staking yield of delegators (%) | SplyStkedUSD | Supply Staked by Stakers (USD) | |
| DelegatorAPYReal | Nominal staking yield of delegators (%) | SplyTotStkedNtv | Total Staked Supply (native units) | |
| DelegatorCnt | Delegator Count | SplyTotStkedUSD | Total Staked Supply (USD) | |
| DelegatorRemCnt1d | Daily Removed Delegator Count | SplyValidatorActStkedNtv | Sum of all balances from active validators (native units) | |
| FeeRevPct | Revenue from Fees (%) | SplyValidatorActStkedUSD | Sum of all balances from active validators (USD) | |
| FeeStorTotNtv | Revenue from Rent (native units) | StakerAddCnt1d | Daily Added Stakers | |
| FeeStorTotUSD | Revenue from Rent (USD) | StakerCnt | Staker Count | |
| IssContPctDay | Annual Inflation Rate | StakerRemCnt1d | Daily Removed Stakers | |
| RevDelegatorNtv | Delegator Revenue (native units) | StakingAPRNominal | Nominal staking rate of stakers (%) | |
| RevDelegatorUSD | Delegator Revenue (USD) | StakingAPYNominal | Nominal staking yield of stakers (%) | |
| RevNtv | Revenue (native units) | StakingAPYReal | Real staking yield of stakers (%) | |
| RevUSD | Revenue (USD) | ValidatorAddCnt1d | Daily Added Validators | |
| RevValidatorNtv | Validator Revenue (native units) | ValidatorAPRNominal | Nominal staking rate of validators (%) | |
| RevValidatorUSD | Validator Revenue (USD) | ValidatorAPYNominal | Nominal staking yield of validators (%) | |
| SplyActStkedNtv | Sum of all balances from active stakers (native units) | ValidatorAPYReal | Real staking yield of validators (%) | |
| SplyActStkedUSD | Sum of all balances from active stakers (USD) | ValidatorCnt | Validator Count | |
| SplyDelegatorActStkedNtv | Sum of all balances from active delegators (native units) | ValidatorRemCnt1d | Daily Removed Validator Count |
For more details on the expanded metrics, visit our Network Data Documentation.
Join the Solana Revolution with Coin Metrics!
We’re excited to now support our clients in further research and understanding of the Solana ecosystem. If you are new to our Product universe and looking to explore Solana and more please reach out to our team. Contact us to get started today and unlock the full potential of Solana with Coin Metrics’ industry-leading data and analysis tools.
How can you stay updated?
At Coin Metrics we are constantly innovating and releasing new data and insights. In addition to Email and Slack, you can keep updated through the following channels:
