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Since the summer of 2021, Solana has been gaining a lot of tracktion in the trending market of NFTs, becoming the second most popular blockchain in this industry. The non-fungible token market found a new community and advantages at Solana, where it grew to become a driven force of the network. The Solana blockchain offers great benefits for the dynamic and fast-growing sector of NFTs, such as great gas fees for minting NFTs, fast transactions compared to the Ethereum blockchain, and innovative platforms for digital art.
With the explosion of this industry on Solana, many NFT marketplaces to mint, trade, and interact with NFTs surged. In fact, it became hard to keep up with all the new NFT marketplaces and what they offered. With that in mind, this article has a compilation of every single NFT marketplace on Solana up to March 2022.
NFTs are non-fungible tokens, which means they are unique and irreplaceable. Not clear yet? Let’s use an example:
Consider a $5 note and the Mona Lisa painting. A $5 bill can be switched at any moment by another $5 bill and not much would change, this wouldn’t be a problem at all. Therefore, the $5 note is a fungible token. The Mona Lisa artwork, on the other hand, is one-of-a-kind. There is only one piece of this work of art in the world and nothing can substitute it. This means the Monalisa is non-fungible.
Now, with blockchain technology, digital products such as digital art, music, skins for video games, and so on can become "non-fungible." Digital items that previously could be "Copy + Pasted" can now be transformed into NFTs. As a result, the piece has a provenance, is limited in quantity, and cannot be counterfeited. You can think of NFTs as digital art trading cards where even music NFTs, photography, and even NBA-built play highlights can be owned, sold, and traded. Pretty cool right?
Solana, which already stood out as a great crypto space, also offers a great potential for further growth of the NFT market and other virtual worlds. This is due to its many benefits that can’t be found in other blockchains, such as:
If you ever acquired an NFT or played an NFT game on Ethereum you know how expensive, mainly due to the extremely high gas fees. Solana, however, has very low transaction fees, making the NFT market more accessible and letting the community focus on the value of the product itself.
Solana is the fastest blockchain to date, meaning users can make transactions instantly. Thus, minting, trading, and processing any other actions with NFTs will be quicker on Solana than anywhere else.
Nowadays, the largest network for NFTs is Ethereum, but it is also the most saturated. The NFT scene on Ethereum became extremely competitive and hard to stand out. Solana, on the other hand, offers a new and still evolving fast-growing community. There is still a lot of space to expand and time for new artists or developers to introduce platforms and NFTs with less competition but with a large community at the same time.
An NFT marketplace is your access to trading digital assets ranging from art to music to entire virtual worlds. These marketplaces offer creators and NFT enthusiasts a variety of tools to trade, mint, and overall interact with non-fungible tokens and other digital assets. There are a number of platforms that co-exist in the industry of NFT and bring different propositions to users and enthusiasts. Regardless of being a creator, trader, fan, or just a curious user, there is an NFT marketplace on Solana that offers what you are looking for.
Solana’s thrilling NFT industry is still young, but nonetheless, it has already evolved extremely fast compared to other PoS networks like Polygon and Cosmos. In just a short period, a number of NFT marketplaces have surged on Solana. To help you choose the one that most fits your needs and goals, here is the complete list of all Solana NFT marketplaces as of November 2022 and the tools they offer to their users:
Tools: Create NFTs
This NFT marketplace supports creators because it is made by creators for creators. Metaplex is most an NFT art marketplace that allows anyone to create their own NFT storefront to help sell art through self-hosted auctions for potential buyers. MetaPlex’s smooth interface allows users to easily mint NFTs for a very low cost thanks to the on-chain compression (Mint 1M NFTs for ~5 SOL). In addition, this marketplace allows creators to efficiently collaborate and share royalties among them. As the Grammy Award-winning artist RAC once said: “Metaplex will do for NFTs what Shopify did for commerce, but takes it one step further by not acting as the middleman.”
Tools: Auctions (Sell + Buy) and Create NFTs
Opensea is the world’s first and one of the largest NFT marketplaces for crypto collectibles and nft buying. It started supporting Solana NFTs since April 2022.
OpenSea is a game-changing decentralized marketplace for buying and selling NFTs. In August 2021 alone, OpenSea recorded well over $3.5 billion in NFT trading volume.
Tools: Auctions (Sell + Buy) and Create NFTs
Rarible is an open source, Multichain, Cross-Chain & community governed NFT protocol that simplifies the way developers can work with NFTs. Rarible facilitates the creation, sale, and purchase of ownership rights to digital works of art via non-fungible tokens (NFTs). Rarible simplifies the go-to-market process for NFT projects and ideas. It supports 5 blockchains including Solana. They offer 0% fees on their marketplace if you use their native token (RARI) & Lock it. Rarible takes 1% on the buyer side and 1% on the seller side Rarible has an app supporting both IOS & Android.
Tools: Auctions (Sell + Buy) and Create NFTs
Magic Eden claims to be the top Solana NFT marketplace taking a position on the network similar to what OpenSea has on Ethereum. It stated it has a transaction volume of over 7.5 million SOL between September 2021 to March 2022, while also having 90% of the market share on the secondary-trading volume of NFT games. Magic Eden also does not charge fees to list NFTs. Instead, it only has a 2% transaction fee. Besides allowing users to buy and sell NFTs, Magic Eden also has a Launchpad where creators can release their NFTs collections after going through an admission process.
Magic Eden supports a very wide range of wallets like Phantom, SolFlare, Glow Wallet, Coin98, Clover, Torus, Exodus, Solong, Mathwallet, Spot, Bitkeep, Brave, Coinbase Wallet, the famous BackPack BackPack & Ledger.
Tools: Auctions (Sell + Buy) + Launchpad
Solanaart was the first fully-fledged Solana NFT marketplace and is still one of the go-to platforms to trade and buy NFTs. Arguably one of the best Solana NFT marketplaces, Solanart is where famous projects such as Degenerate Ape Academy, SolPunks, and Aurory were launched - with Degen being the project that started the attention to the Solana NFT scene. By connecting your Solana wallet, you can explore, buy and sell various listed projects. To list a project on Solanart, the creator has to fill out a form available on their Discord server and be selected. In addition, the marketplace charges a 0% commission. Currently, Solanart does not offer minting and is still quite selective with the projects that are listed on its platform.
“ Buy or sell NFTs and save 100% in fees. The only zero-fee marketplace on Solana.”
Solanart supports a wide range of wallets like Phantom, SolFlare, Ledger, Strike, Glow Wallet, the famous BackPack BackPack, Coinbase Wallet, Trust, Clover, Brave.
Tools: Auctions (Sell + Buy) and Create NFTs
Hyperspace is one of the Best Solana NFT Marketplaces because it's an aggregator of all other marketplaces. It is an open NFT marketplace that allows users to mint and trade NFTs. You can trade listings directly from all Solana NFT marketplaces - including Magic Eden, Opensea, Coral Cube, Solanart, Fractal, SMB, Holaplex, Rarible and any other Auction House based marketplace - without being redirected. The platform charges a 1% buyer broker fee. In Hyperspace, your NFT will remain in your wallet until it actually gets sold.
The platform offers:
- Stateless Escrow: When you list your NFT for sale, the NFT will remain in your possession in your wallet until someone is ready to purchase your NFT
- Capital-efficient Bidding: Users will be able to make an infinite number of bids provided their escrow balance is at least equal to the maximum bid amount.
- Contract Composability: With composability of fees built directly into the contract, we allow others to build their own front-ends to surface liquidity to users and be rewarded accordingly.
Tools: Auctions (Sell + Buy) and Create NFTs
Solsea is an open Solana NFT marketplace which allows users to mint and trade NFTs. The open part implies that anyone can release NFTs on Solsea, making it very accessible to all creators. It is very complete platform, which is seen by some as one of the best Solana NFT marketplaces offering many useful features. These include a calendar function with all the upcoming releases, complete stats of all collections to facilitate decision-making, and rarity rank embedded in its minting system. Solsea charges from 2% down to 0% transaction fees (last time we checked in November 2022) and allows creators to receive royalties from resold NFTs.
Solsea supports a wide range of wallets on the Solana ecosystem like Phantom, SolFlare, Ledger, Torus, Coin98, Nufi, Coinbase Wallet, Trust.
Tools: Auctions (Sell + Buy) and Create NFTs
Digital Eyes is one of the first open Solana NFT marketplaces, offering users tools to create, sell and purchase NFTs. As an open market, Digital Eyes welcomes almost all collections, thus not endorsing or curating any projects. However, they do have a tab called verified collections, which are, as the name implies, verified by the platform. The marketplace has a Mint Calendar with all the upcoming collections and is about to launch a Launchpad feature. Digital Eyes charges a 2.50% transaction fee from the seller, and a royalty fee and service cost from the buyer. They have an ongoing promotion where service fees are now 0.99% until 28th Feb 2022.
Digitaleyes supports these wallets: Phantom, SolFlare, Solong, Clover, Exodus & Coinbase Wallet.
Tools: Auctions (Sell + Buy) and Create NFTs
Focus on 1/1 art and independent artists, Exchange.ART offers users a great platform to trade and mint NFTs. One of the features that make this one of the best Solana NFT marketplaces is its Notification NFT, which can be owned by completing one transaction and receiving an offer on an NFT. This feature offers status and some perks to active users on Exchange.ART. Once a user owns the Notification NFT, there are some tiers that they can climb, from Basic to Diamond, based on their activity on the platform. Notification NFTs are also tradable. When it comes to transaction costs, Exchange.ART only charges a 2.5% flat for both primary and secondary sales, which are discounted from the seller. The buyer only pays the Solana network fees, which are unavoidable. Creators can also set up royalties on their NFTs. Exchange.ART does not charge any fees to mint art using their platform.
Exchange.ART supports Phantom, SolFlare, Glow Wallet, Coinbase Wallet, the famous BackPack BackPack, Ledger & Blocto.
Tools: Auctions (Sell + Buy), Create NFTs, and Launchpad
This Solana NFT marketplace has the goal of making it easier for creators to display and mint their collections. Thus, besides being a marketplace where users can trade NFTs, they have a launchpad where artists can create their own stores and release their NFT collections on Solana. The idea is not involving any coding in the process while also allowing creators to add attributes, rarity, and other features to their NFTs. Fees on Holaplex vary depending on the type of NFT you are selling, which differs from the fee structure of other Solana NFT marketplaces.
Holaplex supports Phantom, SolFlare, Glow Wallet, Torus, Ledger, the famous BackPack & Brave wallet.
Tools: Auctions (Sell + Buy)
Alpha Art is a Solana NFT marketplace that stands out by offering NFT sales without any listing fees. In fact, it does not have any listing, unlisting, or offer fees. Instead, the marketplace only charges a flat seller fee of 2% whenever the sale is concluded. In addition, Alpha Art offers users the possibility to make offers on any NFT on the platform, regardless of them being listed or not. Alpha Art has a pet NFT project called Piggy SOL Gang, which offers utility on the platform to those that participate in this DAO. For example, each Piggy SOL Gang NFT gives the owner a 0.5% discount on fees when buying a piece on Alpha Art, and you can accumulate that to up to 4 Piggys.
Alpha Art supports a couple of crypto wallets only like Phantom, SolFlare & Ledger.
Tools: Auctions (Sell + Buy)
Similar to Alpha Art, SolPort is a Solana NFT marketplace that only charges a flat commission fee of 2% once the piece is sold. Thus, there are no listing or refund fees. It also offers tools such as rarity filtering, user auctioning, and others. SolPort supports Phantom and Solflare wallets and hosts major Solana NFTs projects such as Monkey Business and Realm Kings Mutant.
SolPort supports a couple of wallets only like Phantom, SolFlare & Glow Wallet.
Tools: Auctions (Sell + Buy) and Create NFTs
This NFT marketplace has a clear positioning of creating a space for independent artists and creators to be able to sell their digital pieces. The aim is to provide a space where smaller artists have the same attention from collectors that large generative NFT projects usually have. You can easily search, trade, and create NFTs on the platform. In addition, Formfunction allows users to see the artists and collectors active and how much they have sold and bought on the marketplace. Formfunction charges a fee of 5% the first time a piece is sold, and 3% for the secondary market sales, plus a 20% royalty fee for the artists every time their NFT is resold. For minting, listing, and bidding, on the other hand, Formfunction does not charge any fees.
Formfunction supports a couple of wallets only like Phantom, SolFlare, Glow Wallet & the famous BackPack.
Tools: Auctions (Sell + Buy)
CoralCube is the #1 Solana NFT aggregator marketplace. The fastest NFT marketplace is developed by some of the top OG engineers and product managers from Facebook and Uber.
CoralCube supports Phantom, SolFlare, Glow Wallet, Brave Wallet, Exodus, Ledger & the famous BackPack.
Tools: Create NFTs
This platform allows users to create their own generative NFT collection in quite a simplified way. On TreatToolBox, creators can upload their artwork, specify attributes and rarity, and finally generate the collection. With this marketplace, artists can easily create their NFT collections on Solana, since it is capable of exporting the artwork and metadata (PNG+JSON) pairs that are necessary for setting up Metaplex's Candy Machine. The platform is built to be used by non-technical users, making the creation of generative NFTs more accessible to artists.
TreatToolBox supports only Phantom, SolFlare & Ledger.
Tools: Auctions (Sell + Buy)
GoatSwap is another straight to the point Solana NFT marketplace where users can Buy or Sell NFTs.
It also offers users the ability to create a single-sided pool with some SOL and wait for sellers. Users basically can sell to an existing pool. Or you can create a single-sided pool with their NFTs and wait for buyers, or can create a 2 sided pools with some NFTs and SOL.
GoatSwap is a bit strict when it comes to listing NFTs in their marketplace, it only allows NFTs from verified collections to protect its users, which is something applausable considering the fake NFTs circulating.
GoatSwap takes 1% as Fees, the pool owner sets their own fees. The listed price you see is inclusive of fees already.
GoatSwap supports only Phantom, SolFlare & Glow wallets.
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Please note that none of this is to be considered financial nor investment advice. We highly advise you to always do your own research (’DYOR’) before interacting with any of the projects or tools we write about. Crypto is a highly dynamic and fast paced environment with lots of moving parts that can quickly change.