What is popular at Solana? Nansen adds analysis data for 53,000 NFT collections

by James · July 4, 2022

In short

Cryptanalysis platform Nansen has integrated Solana NFTs into its platform.
Nansen is tracking more than 53,000 Solana NFT projects now, along with projects on other platforms.

Nansen, a blockchain analysis platform used by traders in NFT and DeFimarkets, announced today that it is fully integrated Solanalaunches a series of dashboards and features that provide analytics to its rising NFT market.

The company first revealed their plans for Solana November last year, with intentions to launch the features in Q1 2022. Finally, Nansen began rolls out support in April with some integrations for DeFi protocols, the kind that enable trading without custody, loans and lending of cryptocurrencies without third-party intermediaries. Now Nansen has implemented in-depth Solana NFT functionality.

Nansen gives a variety of dashboards and tools to analyze trends in the crypto market. The company wallet The branding service identifies key traders across the NFT and DeFi markets, and gives other users a look at their activity through features such as “smart money” scoreboards.

It also offers a look at trending NFT collections and marketplaces, and has become a favorite among some Ethereum NFT retailers. Solana retailers can now use the same type of data, with Nansen’s dashboard covering more than 53,000 NFT collections on the blockchain platform.

Some of Nansen’s dashboards are offered free of charge to users who sign up for the Nansen Lite service, while other features require a paid subscription.

Nansen also launched recently a Web3 messenger service called Nansen Connect, which is designed for crypto and NFT communities to chat and exchange encrypted instant messages. The company has recently bred one $ 75 million Series B funding round in December last year.

An NFT is a blockchain token that acts as a declaration of ownership, often for digital goods such as works of art and collectibles. Ethereum is by far the leading NFT ecosystem, with Solana in a distant second place in terms of trading volume.

But some popular Solana NFT collections — like Ok Bears and Trippin ‘Ape Tribe—Has made a significant impact in the last couple of months, even beating popular Ethereum projects in terms of trading volume over a 24-hour period.

Established marketplaces such as OpenSea and Rarible have added support for Solana NFTs in recent months, although the top Solana marketplace Magic Eden – which is now valued at $ 1.6 billionhas so far remained dominant in the Solana room.

NFTs exploded in popularity in 2021, generating some trading volume worth $ 25 billionand continued rapidly into 2022 ahead of the last and ongoing crashed in the crypto market. Collectibles are still traded, with leading marketplace OpenSea registration almost identical number of Ethereum NFTs sold in May and June, but at far lower USD prices, given the declining price of cryptocurrencies such as ETH.