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.
Key Takeaways
- A series of Solana infrastructure projects has announced the integration and support of Aptos Ecosystem
- Solana Collection trades FREE on Solanart Marketplace
- Bonfida hit 50K twitter handles registered with Solana wallet address
Ecosystem Updates
The Solana ecosystem in general and the NFT market in Solana in particular are facing new challenges, let Solana Daily summarize the highlights through the newsletter below.
1 – Market Data
The light is slowly fading on Solana NFT as the entire trading market has dropped more than 40% from last month, controversy over 0% royalty model issue is making the whole NFT market on Solana bleak.
2 – DeFi Highlights on Solana
A series of Solana infrastructure projects has announced the integration and support of Aptos Ecosystem
Aptos is a new generation blockchain that solves the blockchain trilemma, similar to Solana. After the mainnet announcement and the launch of APT – the network’s native token, many large infrastructure projects immediately supported and integrated Aptos.
Examples include: Wormhole bridge integrating Aptos into its dApp, Pyth Network providing data for the Aptos ecosystem, Friktion supporting APT token for trading on its platform.
Although it has not been confirmed, there are many rumors that projects on Solana are gradually leaving Solana to Aptos – the ecosystem is considered as a Solana-killer.
3 – NFTs Highlights on Solana
Solana Collection trades FREE on Solanart Marketplace
Solanart – the 2nd largest NFT exchange on Solana is now allowing trading of NFT collections for free.
After many mixed opinions of the NFT trading community about Magic Eden applying the 0% royalties model. Solanart was very quick to bring customers to its side thanks to the above strategy.
Bonfida hit 50K twitter handles registered with Solana wallet address
Domain trends are hotter than ever, and the Solana ecosystem is no exception. However, the market is now focusing on Ethereum with ENS and BNB Chain with SpaceID. But don’t forget that domain name is also a type of NFT, and the cash flow in NFT on Solana is a lot.
Currently the transaction volume of .sol domains is still not high, this is an opportunity for all of us.
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