Solana Weekly Recap Week 37 (8/9 – 14/9)

Source : cryptodaily.io

Solana and the Solana ecosystem are constantly growing and moving forward. To help you not miss any news & movements of the ecosystem in the last 7 days, here is your Solana Weekly Recap.

TL;DR

  • Solana NFTs is coming back.
  • Solana announced the winners of the Solana Summer Hackathon.
  • Ancient8 introduced Dojo – the first GameFi launchpad in Solana.

Ecosystem Updates

Despite the recent problems relative to the Solana network, the NFT market has always been the bright spot that makes Solana stand out. Let’s take a look at some key information from the big projects below:

Solana NFTs is coming back

A volatile week for the NFTs market on Solana as trading volume explodes, in the last 7 days, Solana has almost reached the old ATH in terms of volume In which, almost 90% of the growth is from Magic Eden. The amount of NFT minted also doubled compared to the previous week.

Solana NFTs – Trading Volume per week (Nansen.ai)

In particular, Solana NFTs transactions last week reached ATH. Almost double compared to previous weeks.

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Solana NFTs – Transaction per week (Nansen.ai)

Solana NFTs Sale Comparison with Ethereum

Solana’s Sales Volume is now half of Ethereum in value. Before that, this gap was about 7.8 times. Among the top 10 blockchains, Solana currently has the second highest growth (123%).

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Blockchain by NFTs Sales Volume in the last 7 days (Cryptoslame)

Most of the NFT trading suites are at Magic Eden, OpenSea after 3 months of entering the NFTs market on Solana is considered an absolute failure, even falling to the top 6 in terms of trading volume.

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Solana NFTs marketplaces by trading volume in the last month

A significant contributor to the recent growth is the y00t collection – Dust Labs’ second product after DeGods. Currently, both of the above collections are at the top of the list of most traded collections on Solana.

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Most-traded NFT collections on Solana in the last month

Solana announced the winners of the Solana Summer Hackathon

After more than 3 months of the Hackathon, Solana and the community have found potential projects for the Solana ecosystem next season.

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The winners of the Solana Summer Hackathon

In case you forgot, this is a contest hosted by CEOs, Co-founders of platform projects, and major Kols on Solana. Unlike previous hackathons, Summer Camp also added mobile and Web3 segments. With mobile being considered as Solana’s next year’s orientation, Web3 will be a big trend for the crypto market in the near future.

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Solana Summer Hackathon – The judges

Here is the list of projects that won this contest

Nearly 30 projects spread in 6 different areas, which will be the hidden gem of Solana in the near future. Always follow Solana Daily to stay up to date with the latest information on these projects

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The winners of the Solana Summer Hackathon by category

Ancient8 introduced Dojo – the first GameFi launchpad in Solana.

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Ancient8 is a large Gaming Guild in Asia, where it is currently considered the most active in the gaming industry. With the launch of the first GameFi Launchpad platform – Dojo, the project will promote more potential Gaming projects on Solana in the near future. 

This is the biggest news in the Game industry after a long day of decline in the PlayToEarn market in general.

Additional Notable Events

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