Onboarding with Solana NFTs

    Q85. It has been said that Solana NFTs have become a powerful onboarding tool into the Solana ecosystem. Is this narrative true? Which NFTs have captured the most first time users of the Solana blockchain? What kinds of activities do these wallets tend to do after buying their first NFT? Do you think the NFT growth on Solana will spill over into Defi?

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    Introduction

    Solana supports NFTs and smart contracts. Solana is a platform for decentralized platforms and the development of NFT tokens. Solana has a large number of platforms for unique tokens, and the number of tokens is increasing day by day.

    Like ethereum , Solana is a platform for decentralized programs; But the high speed and low transaction fees in Solana compared to ethereum have made many developers welcome the Solana platform to present their projects. In the Solana network, users do not need a second layer system to connect with other projects. Solana is able to combine with other decentralized projects.

    In October 2021, the FTX exchange launched a new market for NFTs in the Solana blockchain. Recently, OpenSea, the world's largest NFT market, has supported Solana-based NFTs.

    The purpose of this dashboard

    In this dashboard, we want to understand that the NFT shopping platform in Solana network is a way to stay in this network and work in it? Do users who enter the network for the first time to buy NFT, stay in this network and continue their activities? Is buying NFT in Solana a ladder that users use for their own development as well as the development of the Solana network? ?

    Methodology

    In order to understand the above, we first selected the 10,000 users who have purchased NFT for the first time from the Solana network since the beginning of 2022. First, we want to know which NFTs have been more attractive to these users.

    The chart below shows the top 10 NFTs with the most purchases by the first network users (10,000 addresses).

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    As we can see, the degods NFT collections has been the most attractive for the first newcomers.

    Other activities

    Let's see what other activities these 10,000 addresses have had on the Solana network

    • asset swap

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    We see that 4838 of these 10,000 addresses have been swapped in the dexs of Solana Network

    • asset transfer

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    As we can see, more than 9000 addresses in Solana network have transferred assets

    • NFT purchase again

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    It seems that the most activity of these addresses is in the field of buying and selling NFT. As we can see, aboute 9000 addresses have bought and sold NFT again, and this number has even reached over 2000 times. The chart below shows the 10 first importers with the highest number of NFT sales

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    conclusion

    As we have seen, most of these 10,000 addresses that were purchased for the first time in the Solana NFT network have remained in this network and have continued to operate, and it can be said that most of these addresses have shown the most activity in the field of NFT. It can be said that the NFT sales platform in the Solana network can provide a basis for the expansion of other activities in this network and cause its further growth.

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