The NFT ecosystem on Solana has been rapidly developing in recent months, supported by a dynamic community of users and developers. It is currently a favorable playground for collectors and other NFT sector players. Discover why, along with the main dapps and sites to approach this universe in the best conditions.
Why be interested in NFTs on Solana?
- NFTs are a fun way to interact with the blockchain. Many users discover web3 through this method.
- Solana is growing rapidly.
- Transaction fees on Solana are low, which encourages its adoption.
- Some collections have already proven themselves: Degen Apes: Over 100,000 NFTs minted, transaction volume over USD 20 million, or Solana Monkey Business with over 8,000 NFTs minted and a transaction volume over USD 15 million, for example.
- The Solana network is currently booming, today’s creations have potential, similar to some NFTs minted for free on Ethereum a few years ago that have since gained significant value. Now is the time to hunt for future treasures!
Here are the main tools and best addresses for collecting Solana NFTs:
A good wallet for NFTs: Phantom
First step, you need a wallet. It allows you to store your NFTs and even sell them directly from the wallet for the most advanced models.
You can use Metamask, Rabby, Argent, or Bacpack or any other wallet compatible with Solana. Backpack allows you to interact directly with the Tensor NFT marketplace. Phantom offers the same functionality, but more extensive. From the wallet, you can sell your NFTs in two clicks, on the marketplace offering the best price.
Security tips: In your wallet, you will receive NFTs via airdrop. These NFTs are usually in compressed format (cNFT) and promise free tokens. They are actually scams aimed at draining your wallet.
Over time, worthless tokens and NFTs accumulate in wallets. With Sol-Incinerator, you can recover fractions of Sol by burning NFTs or tokens. Beware, burning is an irreversible operation, read the instructions carefully before using this wallet cleaning service.
The best dapp to start your Solana NFT collection: Drip
Drip is one of the best initiatives launched to date in the NFT universe, across all chains. Connect to Drip, follow artists, and regularly receive NFTs without spending a cent. Drip is a free service. Every 6 hours you can claim Drops by clicking a button. These Drops serve to reward NFT creators. Thanks to Drip, you can quickly build an NFT collection for an unbeatable price!
Marketplaces to buy or sell NFTs
Major marketplaces like Blur or Opensea host Solana collections. However, most of their collections are on Ethereum.
For marketplaces specifically oriented towards Solana, you have the choice:
Solana NFT dapps for more functionalities
On the official Solana website, over 300 NFT ecosystem dapps are listed. There you will find, for example, analysis or production tools:
To analyze the market and access new NFT drops early, you can try Moonly.
Pulsr aims to become the Google of NFTs. This dapp uses artificial intelligence to highlight NFTs that match your queries. Solana integration is expected soon.
Want to create an NFT? Head over to Truffle. This site aims to simplify the creation of the smart contract, its deployment, and more broadly facilitates the creation and promotion of an NFT project.
To go further
This article would not be complete without mentioning Discord and Twitter or Assetdash. On social networks, you can participate in many airdrops, giveaways, white lists… However, be sure to use a dedicated “special airdrop” wallet for security reasons. Assetdash is a good tool to evaluate and visualize your NFT collection. Additionally, by interacting with the site, you can earn NFTs and other rewards.
With the rise of Solana, the NFT sector is regaining momentum. We are therefore in a favorable period to approach Solana as a relatively fresh universe and conducive to great discoveries.
Happy blue-chip hunting!