Top 5 NFT Marketplaces On Solana This Week By Volume – Magic Eden Takes The Top Spot

Non-fungible token marketplaces proceed to battle for market dominance, regardless of the latest loss reporting as a result of ongoing brief droop in NFT volumes and exercise throughout the board. NFT marketplaces are digital platforms for minting, shopping for, and promoting non-fungible tokens. Under, we now have listed 5 prime NFT marketplaces competing for dominance within the Solana NFT ecosystem prior to now seven days:

Supply: Tiexo.com, prime 5 NFT marketplaces on Solana NFT ecosystem

1. Magic Eden NFT Market Leads In Quantity

Magic Eden, one of many main multi-chain NFT marketplaces that allow crypto customers to create, purchase, promote, and gather non-fungible tokens, is that this week’s top-traded NFT market on the Solana blockchain community. Based on tiexo.com, an on-chain multi-chain NFT explorer, Magic Eden NFT market has amassed a gross sales quantity of greater than 275,000 SOL prior to now seven days, dominating 73% of complete quantity throughout the highest 5 NFT market platforms.

2. Tensor NFT Market Platform

Tensor, one other digital market on Solana permitting crypto customers to create, purchase, promote, and gather non-fungible tokens, is that this week’s second most-traded NFT market on the Solana NFT ecosystem. Launched in 2021, Tensor is an NFT market backed by notable enterprise capital companies and buyers like Placeholder VC, Solana Ventures, and Solana founders Toly and Raj.

Previously seven days, the Tensor NFT market platform has recorded a buying and selling gross sales quantity of over 71,000 SOL. The NFT market accounted for 18.94% of the full quantity throughout the highest 5 NFT market platforms. Tensor NFT market has seen greater than 50% engagement this week.

3. Hyperspace NFT Market

Hyperspace, a multi-chain NFT market and a launchpad targeted on analytics, charting, and providing a greater buying and selling expertise, is that this week’s third most-traded NFT market platform on the Solana NFT ecosystem. Primarily based on tiexo.com knowledge, the NFT market has seen over 12,000 SOLs settled prior to now seven days. Hyperspace amassed 3.34% of the full quantity throughout the highest 5 NFT market platforms.

4. OKX NFT Market Platform

OKX Market, a non-fungible token buying and selling platform created by crypto trade OKX and works with over ten networks, together with the Ethereum, Solana, OKTC, Polygon, BNB Chain and Avalanche, is that this week’s fourth most-traded NFT market on the Solana NFT ecosystem. Primarily based on tiexo.com knowledge, the NFT market has seen a buying and selling gross sales quantity of 5,000 SOL settled on it. OKX NFT market accounted for five% of the full quantity throughout the highest 5 NFT market platforms.

5. Sniper NFT Market

Sniper, probably the most superior NFT marketplaces and on-chain crypto market aggregators, makes use of order-book fashion buying and selling and interactive charting and evaluation instruments and is that this week’s fifth most-traded NFT market. Based on tiexo.com, an on-chain multi-chain NFT explorer, Sniper NFT market has amassed a gross sales quantity of 5,100 SOL prior to now seven days, dominating 1.33% of complete quantity throughout the highest 5 NFT market platforms.

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