- Solana NFTs have been on the rise - even surpassing OpenSea in terms of weekly active users and transactions at one point in time.
- The growth of Solana NFTs can be attributed to lower gas fees and faster transactions in their network as opposed to Ethereum.
- The beginnings of Solana NFTs were marked with many PFP projects, with the OGs being projects like Solana Monkey Business, Degenerate Ape Academy and Thugbirdz, launched in August 2021.
- Current ‘Blue Chips’ include DeGods, Boryoku Dragonz, Solana Monkey Business and Okay Bears. Other notable projects to keep on the lookout include Aurory, Portals and Blocksmith Labs.
- Magic Eden is the dominant marketplace on Solana by a mile, offering one of the lowest transaction...