As Solana attempts to capture the Ethereum market, we explore the five most successful NFT collections on Solana in 2022.
NFT Scalability With Solana
As Solana has grown in popularity, a part of the Ethereum network’s activity has migrated to this blockchain with lower gas fees. Non-Fungible Tokens (NFTs) are one of the key growth areas of this emerging network.
Further, with its improved scalability, Solana is attracting more creators to mint their NFTs on the blockchain, and judging from trends, it also attracts participants with less capital.
In this week’s BSC News NFT round-up, we look at some of the notable NFT collections that have made a lot of impact on Solana. Let’s dive into it:
DeGods
DeGods is currently the largest NFT project on the Solana blockchain. The platform is innovative, community-oriented, continually gives back to its holders, has celebrities like IceCube involved, and so much more. As a result of all of these qualities, DeGods has become the success story it is today.
In August, DeGods reached a floor price of 300 SOL (roughly $9,570). The total volume of DeGods shows 1.31 M SOL ($41 million) with a floor price of 289 SOL ($9,112).
Y00ts Mint Toob
The y00ts mints toob collection was created by the founders of the hyper-successful DeGods NFT project. As a result, it was one of the most hyped collections at its release and had 15,000 NFTs in circulation. The mint price of a y00ts was 375 DUST, a little over $1,000.
Y00ts’ floor price spiked to 144 SOL (about $4,467) on Sept. 7. At the moment, the total volume of y00ts NFT shows 564K SOL ($1.76 million), with a floor price of 103.33 SOL ($3,205).
Okay Bears
“We are going to be okay” is the tagline for Okay Bears, a collection of 10,000 pieces of clean NFT. One thing that makes Okay Bears stand out is their blueprint. Each part of the blueprint has its utility. There are seven different sections: a park, a workshop, a gallery, a boutique, a studio, a platform, and a bear market.
Okay…
