Despite broader market choppiness, $SOL has shown some resilience, currently up slightly at 72.57. I'm curious about the on-chain developer metrics. Has there been a noticeable uptick in new projects or active developers building on Solana compared to Q4 last year? Are the recent network stability improvements sustainable?
Network stability is key. If they can keep it reliable, that alone will attract more serious projects, regardless of short-term price movements. That's my main concern.
Compared to Q4, I definitely see more buzz around new Solana dApps. It's not just the big names anymore, smaller teams are innovating. Metrics would confirm the sustainability though.
While $SOL is up, I'm not entirely convinced about the 'resilience' given the overall market. The dev activity is a better long-term indicator than daily price action, but I'd like to see a continued trend before calling it a full recovery.
I've been watching the dev activity too. Anecdotally, it feels like there's more building happening, especially in DeFi. Would love to see some solid data to back that up.