Introduction and methods

NFTs have been the trending topic of cryptowolrd over the past year. In fact, emblematic persons like Mark Zuckenberg told about that and basically, put their enterprise name Facebook a different name so called "Meta" in reference to Metaverse, the world of NFTs.

Thanks to that, the growth of this type of tokens increased exponentially in all the blockchain networks. One of the main networks have been Solana and in this dashboard we are gonna analyze several metrics about their growth. The metrics analyzed are:

• Total mints and growth rates of mints over time
• Total NFT sales and growth rates of sales over time
• Total unique wallets that have minted or purchased a Solana NFT and growth rates over time
• Total Unique Signers of Metaplex programs
• Total minters of NFTs using Candy Machine V1 and total minters of NFTs using Candy Machine V2
• Total users of Metaplex's Auction House program

To conclude the analysis,we will compare it with the NFT activity on Ethereum network in order to see how are they trending.

Results

NFT mints and sales had a similar trend over time with a huge growth. Both growth rates surpassed the 6 points, passing from thousands to millions of transactions.

In terms of minters and purchasers the same situation occurred, situating the growth rate above 6 for purchasers number and alsmot 6 for minters. The numbers also passed from thousands to millions.

The Metaplex growth had also prominent. The total unique metaplex signers increased over 4M and the Candy versions also increased over time. Since the inspection of Candy Machine v2 the growth rate increased and the users using it alsmot achieved the 1M. Finally, the Metaplex House Auction increased since its launch on January reaching more than 12k wallets using it.

Comparing the users minting and purchasing NFTs, the Ethereum are currently attracting more users than Solana.

In terms of mints and sales the same occurs. However, the daily transactions seems to be closer between both networks and then, Solana are reaching same numbers of Ethereum network.

Conclusions

In this dashboard we have studied the growth of Solana NFT market and it has been compared with Ethereum network determining that the second one has more activity than Solana in both, users and mint and sales. However, the numbers are getting closer over time.