Top 6 Solana NFTs with Highest Weekly Volume

zach2600
CryptobrosResearch
Published in
5 min readFeb 4, 2022
Photo by Janik Butz from Pexels

NFT is an abbreviation for non-fungible token, which means it is a one-of-a-kind digital asset that belongs to you and you alone. The most popular NFTs right now are artwork and music, but videos and even tweets can also be included. Each NFT represents a real-world object, such as music, video, in-game items, or virtual baseball trading cards. These digital assets are typically purchased and sold online using cryptocurrency. Physical money and bitcoin are “fungible,” which means they can be exchanged for one another.

Here you will find NFTs with the highest weekly volume in Solana. We have Chest as the top and also a newcomer in the list.

1. CHEST — $3,145,604

Treasure Islands is not only a game, but an entire DeFi ecosystem, from yield-generating structured product chests, to DEXs, to liquidity farms, to governance councils, all centered around utility and gameplay-driven NFTs and $CHEST. Treasure Islands float across the DeFi Sea. Players will be able to stake and earn in structured product chests, swap and trade on a DEX with the coin master, farm and provide liquidity in farms, and vote on protocol-wide policies that will govern the DeFi Sea through the DeFi Sea Council (DSC), a cooperative of pirates and governors powered by $CHEST and rare pirate NFTs. Once players are sufficiently comfortable with their home islands, they will be able to construct or buy ships to sail the DeFi sea on the search of new islands and treasures that they can claim as new real estate. But doing so is not risk free, they may encounter other pirates and engage into sea battles, or find hostile enemies on new discovered lands. Moreover, not all new land is formed equally. Some may promise abundant riches, while other may be barren sand dunes.

2. DEGENERATE APE ACADEMY — $2,534,488

Their mission here at the academy is simple: Take 10,000 of the smoothest brained apes, put them all in one location and let the mayhem ensue. The academy was founded on the principles of friendship making, crayon eating and absolute, unregulated, deplorable, degenerate behaviour. Welcome fellow apes, to the Degenerate Ape Academy.

3. PORTALS — $2,403,676

Portals is a web-based metaverse platform that we’ve been working on this year that we’re really excited to finally reveal and bring to the Solana ecosystem. We started building Portals in early 2021 because we didn’t see a compelling and accessible metaverse emerging on the web. We want to be able to explore a dense, virtual Neo-Tokyo/New York and explore a single city block with hundreds of fun things to do and discover. We are building a framework so that everyone is incentivised to invite cool people and create cool spaces for a thriving downtown. Real estate will be distributed in a way that ensures a dense, interesting city center for new users to explore. Instead of big land sales, we’re starting with user experience first to build a grassroots community of builders and players.

4. MONKELABS — $2,381,992

Monkelabs’ Launchpad’s revenue is shared amongst LabMonke NFT holders. 50% of all revenue that the company earns from deving projects is split amongst all LabMonke holders automatically. The LabMonke Launchpad charges projects 22% of their mint and 10% of their project’s royalty. A LabMonke NFT also gives holders 50% off of Launch fees for their project.
(Instead of charging holders 22% of their mint, they will be charged 11%).

5. SOLANA MONKEY BUSINESS — $2,282,186

SMB Gen2 is a collection of 5000 unique 24x24 pixels randomly generated Monkeys stored on the Solana blockchain. With their accessibility-oriented design, the monkeys’ goal is to invade the blockchain and spread their community. The monkeys feature owner-exclusive advantages such as NFT ownership, as well as a community wallet useable by holders with a future on-chain voting system. The Solana Monkeys’ metadata is stored on Arweave, a permanent decentralized data storage. Each monkey is generated from over 99 possible traits spread over 6 layers, with some monkeys being rarer than others. Reject humanity, return to monke.

6. BEST BUDS — $2,228,929

Each membership NFT will generate a unique collectible Best Bud elevated with a timeless aesthetic and insane attributes, all bespoken by our artist. The goal is to nurture a classic looking visual IP that we can grow for the future. Minting a Best Bud will generate different color-ways and wild combinations of visual attributes for a sum total of 4,200 NFT’s for .69 Sol each. Rarity will be determined by attributes such as character, clothing, face color, costumes, gear, and facial features. Upcoming strains and hybrids will introduce fun new characters and styles. We will build toward a mechanism where you will be able to breed and cultivate new strains with different combinations of your Best Buds!

Solana is an open source project implementing a new, high-performance, permissionless blockchain. The Solana Foundation is based in Geneva, Switzerland and maintains the open source project. Why Solana? It is possible for a centralized database to process 710,000 transactions per second on a standard gigabit network if the transactions are, on average, no more than 176 bytes. A centralized database can also replicate itself and maintain high availability without significantly compromising that transaction rate using the distributed system technique known as Optimistic Concurrency Control [H.T.Kung, J.T.Robinson (1981)]. At Solana, we are demonstrating that these same theoretical limits apply just as well to blockchain on an adversarial network. The key ingredient? Finding a way to share time when nodes cannot rely upon one another. Once nodes can rely upon time, suddenly ~40 years of distributed systems research becomes applicable to blockchain!

Source: solanalysis.com

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