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.
In particular, Solana NFTs transactions last week reached ATH. Almost double compared to previous weeks.
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%).
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.
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.
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.
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.
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
Ancient8 introduced Dojo – the first GameFi launchpad in Solana.
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.
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