So far, Solana NFT marketplaces have done well with the higher speed and lower gas price. That is why it has grown so quickly.
Solana NFT has been the most talked-about aspect in the blockchain realm because of its exceptional performance.
As a result, in this post, we will go over the benefits of its popularity as well as the top five Solana NFT marketplaces in 2022.
Does Solana have its dedicated NFT marketplace?
Solana is primarily a public blockchain platform and does not have any dedicated marketplace. It supports marketplace creators with a one-of-a-kind Proof-of-history consensus mechanism that guarantees a high throughput of more than 60,000 transactions per second (TPS).
To mention a few, NFT initiatives such as Solana Monkey Business and Degenerate Ape Academy and Solana-based play-to-earn NFT game Aurory have a high overall transaction volume.
What are the features of a Solana NFT marketplace platform?
NFT marketplaces are eCommerce-reminiscing platforms that facilitate seamless NFT trading. While eCommerce platforms deal with tangible goods, NFT marketplace platforms deal with intangible asset trading.
Solana NFT marketplace development embodies the following features.
- Transaction Speed
Solana is known for processing swift transactions more than its counterparts, and its marketplace platform does the same. The Solana NFT marketplace’s ability to handle massive transactions is one of its major advantages. This characteristic comes as a boon for Solana NFT marketplaces (gaming & digital collectibles), requiring quick, consistent outcomes.
- Liquidity Provision
Liquidity increases interoperability across several platforms. The provision of liquidity increases the trading rate of NFTs. A Solana marketplace enables speedy NFT trading and the storage of NFTs as collateral for improved liquidity, with benefits like lower transaction fees, faster service, flexibility, and interoperability.
5 Top Solana NFT marketplaces in 2022
Here’s a list of the top Solana NFT marketplaces in 2022.
- Solanart
Solanart is one of the most popular Solana NFT marketplaces, containing popular collections such as Degenerate Ape Academy and Aurory. It’s simple to use the platform to discover and explore intriguing collections that consumers may otherwise be unaware of.
Solana’s primary revenue model revolves around 3% transaction charges for every successful transaction. Also, the platform contains a great range of handpicked collections with a wide range of wallet options.
- Magic Eden
With a $1.31billion trading volume, Magic Eden stands tall among the Solana NFT marketplaces (based on trading volume). With over 10 million unique monthly visits, Magic Eden has a significant market share and is among the top Solana NFT markets based on user counts alone. Many users love it, and it even has its exclusive collection called Magic Ticket.
Magic Eden makes buying, selling, and minting Solana NFTs simple. The site serves as a launchpad for prospective and recently published NFT collections, allowing customers to mint new NFTs quickly.
- DigitalEyes
DigitalEyes, a Solana NFT marketplace, allows users to develop, sell, and purchase tokens. Aurory, Degenerate Ape Academy, and Galactic Gecko are among DigitalEyes’ greatest NFT collections. Mint calendar is one peculiar feature that tells you when the NFT will be published and available.
- Solsea
Solsea is one of the first and most well-known Solana NFT marketplaces, assisting creators with NFT minting and purchase. NFTs now have rarity ranks, as well as NFT-SPL token compatibility. Solsea’s calendar function, being the largest Solana NFT marketplace, never misses a program’s impending releases. Base markets, All.ART Circle and Meta Waifus are among Solsea’s NFT products.
- Metaplex
Metaplex is one of the best and most popular Solana NFT marketplaces. The market’s criteria and standards will determine how your project is evaluated, which could be advantageous or disadvantageous to you. The next best option is Metaplex, a formidable competitor to Solana’s largest NFT marketplace, allowing users to create their own custom Storefronts.
Final Thoughts
Apart from such dedicated marketplaces, OpenSea’s Solana Integration is one the most talked-about topics in the NFT space. It just depicts one thing – Solana is becoming a ‘real competitor’ for Ethereum in the NFT ecosystem.
Do you think any of the Solana NFT marketplaces should have made this list? Would you wish to build your own Solana NFT marketplace? Tell us in the comments section below.
