Dune Ushers In New Era for Solana Analytics
Dune Analytics announced today that the platform now supports decoding for Solana programs.
- Historical analysis has always been a challenge because of Solana's massive scale and nested data structure.
- Solana generates 100 GB+ of data daily, 40 times more than the 2.5 GB produced by the Ethereum mainnet.
- Dune now makes this data far more accessible by fully decoding the instructions and inner instructions from raw transaction-level data to create program-specific datasets.
- All that's needed to decode Solana programs are the IDLs for Anchor or Native-based programs.
❗ Why It Matters
This development will be beneficial for those seeking to query Solana data, as historical analysis on Solana has always been cumbersome, particularly when compared to EVM chains (EVM-compatible blockchains are networks that can run the EVM [Ethereum Virtual Machine] and execute smart contracts on Ethereum). This also marks the first time a non-EVM chain has been decoded on Dune.
🎤 Community Quotes
Analysis on @Solana has been difficult due to dealing w/ raw txns & often needing to talk to the dev that wrote the program to understand the data structure.— mattytay (@mattytay) May 10, 2023
With Dune’s new decoded tables, you can finally understand program details without needing to track down devs anymore.👏🏼 https://t.co/IkNfjqhrn0
📊 By the Numbers
Here’s an example query on Dune showing the cumulative downloads of xNFT DAPPs:
🎤 Founder Feedback
We've worked super hard on this for a long time and are super excited to finally give @solana developers access to first class dataMats Olsen, Co-founder and CTO at Dune
🎬 Take Action
Program IDLs can be submitted using the form for Solana IDL Submission on Dune, which is designed to help Dune capture the relevant information needed to decode Solana instructions for specific programs.
🧠 Learn More