Solana Free Square

    This week we want to try something new. We want you to essentially write your own bounty question and answer it yourself. Pick any topic around Solana that you find relevant and interesting and analyze it.

    Introduction and methods

    In this dashboard, I have tried to make me an interesting question about Solana ecosystem and I have tried to solve it. The main question have been the following: Is there a relationship between minters and buyers on Solana? How the crossover looks like?

    For this analysis, several variables have been taken into account. The main charts plotted to be able to carry out the analysis and provide the best solution have been the following:

    • Weekly NFT transactions by each action
    • Weekly active users by each action
    • Number of crossovers between mints and buys
    • Distribution of the crossovers by type of wallet
    • Mints and buys of each group of wallets

    Results

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    As it can be seen it seems like the trends of each action look similar. When the mints increase, the buys seems to increase as well and on the other way around. Taking a look at the number of users, a similar trend happens.

    Looking at the numbers, it seems like dring the first months, more mints were carried out while now, more buys are done. It could be because of more NFT projects were launched previously.

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    Looking at the crossovers between Solana mint wallets and NFT buy wallets, we can see how almost 300k wallets did both transactions so far. The major of them have been catalogued as NFT tryer or starter having done between 1 and 100 mints and 1 and 100 buys. There are 7 wallets that did more than 1k mints and 1k buys.

    Finally, at the second chart it can be seen the difference of type of crossovers.