Top Five NFTs in SOLANA by Weekly Volume
When it comes to non-fungible tokens (NFTs) and decentralized finance, Solana is already one of the world’s most popular blockchains (DeFi). It is presently the fourth-most popular cryptocurrency in the world, and there is no doubt that interest in Solana NFTs, in particular, is growing.
Users desire platforms that allow them to do transactions more quickly and at a lower cost, and Solana meets both of these requirements. As a result, a number of prominent platforms are integrating with Solana or have already done so. Users are migrating to Solana at an increasing rate as more integrations are implemented.
Solana NFTs are one of the more significant things to strike Web3 in a long time in this regard. However, getting started with new blockchains and NFT marketplaces might be difficult. That’s why we’re here to assist. This tutorial is designed to walk you through all you need to know to participate in the Solana ecosystem with ease. We’ll go through what Solana is, how it works, why there’s so much interest in Solana crypto and NFTs, and how you can make the most of this exciting new environment.
Before we discuss further, let us know what NFT is first.
An NFT is a digital asset that symbolizes physical objects such as art, music, in-game goods, and films. They are purchased and traded online, usually using cryptocurrency, and are typically encoded with the same underlying software as many cryptos.
Despite the fact that they have been present since 2014, NFTs are gaining popularity as a popular means to buy and sell digital artwork. Since November 2017, a whopping $174 million has been spent on NFTs.
NFTs are also often one-of-a-kind, or at the very least one of a very limited run, with unique identification codes. “Essentially, NFTs generate digital scarcity,” explains Arry Yu, managing director of Yellow Umbrella Ventures and head of the Washington Technology Industry Association Cascadia Blockchain Council.
This is in sharp contrast to the vast majority of digital inventions, which are virtually invariably endless in quantity. Cutting down supply should theoretically increase the value of a particular asset, if it is in demand.
Now that we have learned what NFT is let’s proceed to the important matters at hand. Below are the listed Top 5 NFT in Solana by weekly volume:
Floor price: 9.3 SOL
Volume % Change 24H: 10.90%
7 Day Volume ($): $6,884,284
Market Cap: $8,227,856
SolSea is Solana’s first open NFT marketplace with integrated minting. It introduces NFTs with embedded licenses (NFT-PROs), computes Rarity Rank for collections, accepts wallet financing via FTX-Pay and Moonpay, and is continuously updated with new features.
Floor price: 95 SOL
Volume % Change 24H: 1.70%
7 Day Volume ($): $6,688,392
Market Cap: $146,354,312
DeGods is a deflationary assemblage of degenerates, punks, and outcasts. Metaverse gods and controllers of our own universe. Dust Protocol is being integrated.
Floor price: 90 SOL
Volume % Change 24H: -2.0%
7 Day Volume ($): $5,388,981
Market Cap: $146,868,083
The NFT Degenerate Ape Academy is a collection of 10,000 NFTs built on the Solana Blockchain. On a grand scale, the Degenerate Ape Academy NFTs are just expressions of the Degeniverse. Apes and Trash Pandas are Heroes and Anti-heroes in the Metaverse, respectively.
Floor price: 28.9 SOL
Volume % Change 24H: 14.80%
7 Day Volume ($): $3,723,306
Market Cap: $28,806,886
Cets on Creck exemplifies the power of art and community. In an oversaturated market of animal PFP projects, this project experienced a breakout month in March, with the floor price reaching an all-time high of over 30 SOL. This is primarily due to the project’s emphasis on branding and storytelling — who wouldn’t want to be a part of an universe of 6,969 cats on the Solana blockchain that are simply here to hang out, chill, and vibe together?
Floor price: 234 SOL
Volume % Change 24H: -7.10%
7 Day Volume ($): $3,165,930
Market Cap: $175,885,015
On the Solana Blockchain, SMB is a collection of 5000 randomly produced 24x24 pixel NFTs. Each SolanaMonkey is unique, having distinct types and qualities that vary in rarity.
What is Solana
Solana is a public, open-source blockchain that allows smart contracts, non-fungible tokens (NFTs), and a wide range of decentralized applications (dApps). The SOL currency, which is native to Solana’s blockchain, provides network security through staking as well as a mechanism of transferring value.
