SOL
by BSC News
January 25, 2023
Solana NFTs are on the rebound in 2023. Here are the top 5 marketplaces on the chain this year, including Magic Eden, Rarible, OpenSea, Solanart and Solsea.
So far in 2023, the Solana ecosystem has bounced back in a big way from the crash and doldrums from last year. A major contributor to that upswing is increased activity in the Non-Fungible Token (NFT) space.
(Check out a previous BSC News story about Solscan’s bullishness on the chain’s NFTs this year.)
Here are the top 5 NFT Marketplaces on Solana in 2023, ranked by number of Unique Active Wallets (UAW) in the past 30 days, according to statistics from DappRadar.
As you can see, Magic Eden is the clear leader in number of users in the past month with more than three times the UAW of its nearest competitor on the chain, Rarible. But even more striking is Magic Eden’s dominance in terms of volume, which is 100 times more than the combined volume of the other top four marketplaces.
Solana is a public, open-source blockchain that allows for smart contracts, non-fungible tokens (NFTs), and various decentralized applications (dApps). The SOL token, which is native to Solana's blockchain, provides network security through staking as well as a means of transferring value.
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