Ever since the first non-fungible token (NFT) named “Quantum” (2014-2021) was created and sold for a whopping $1.4 million, there has been a surge in the adoption of this creative art concept of cryptocurrency. Investors and likewise art collectors now see a profitable market in NFT acquisition and trading.
NFTs are built on Blockchain Technology with Ethereum encompassing most of the projects developed, although other cryptocurrencies such as Solana, Tezos, ICP, Polygon, and many others have significant projects on their NFT ecosystem.
Solana ecosystem is gaining much popularity in the current NFT craze due to the versatility and low cost of transactions it employs, attracting more investors of NFT to its domain. This is made possible by a user-friendly medium (Solana NFT Marketplace) that serves as intermediaries connecting buyers and sellers.
In this article, 36crypto will highlight some of the best Solana NFT Marketplaces with low gas fees to trade on.
Solana NFT Marketplaces serve as intermediaries in hosting collections and connecting both buyers and sellers.
Solana NFT marketplaces are ranked based on:
transaction volume
wallet support
quality of projects listed
Transaction fees and community.
Magic Eden
Magic Eden with more than 9 million unique monthly visitors is one of the most popular Solana NFT marketplaces where you can mint, buy and sell Solana-based NFT. With its exclusive collection called ‘Magic Ticket‘, Magic Eden has over 6,000 collections and allows creators to set their royalty fees and get paid once a sale is made.
Artists can use Magic Eden’s unique Launchpad products and services in releasing new collections without the use of technical skills. The platform does not charge a listing fee, but they do charge a transaction fee of 2%.
Advantages:
Low fees
Massive selection
Intuitive design
Supports almost all Solana-based transactions
Disadvantages:
Limited wallet integration
Its popularity draws many copycats
Limited number of projects
Solsea
Solsea is a Solana NFT marketplace with a calendar built-in feature that offers creators unique tools for developing and managing their collections. The calendar tracks the new NFT launches and schedules time for purchasing collections. Solsea prides itself on First 100, the first virtual NFT art exhibition of its kind.
The platform allows creators to embed licenses in NFTs during minting, allowing for more straightforward and meaningful integration of artwork licensing. NFTs can be purchased with SPLASH (SPL) token and have rare rankings
SolSea issues a charge of 3% on any NFT sales made on the platform.
Advantages:
Versatile licensing options
Available new collections
Unique control for creators
Disadvantages:
Higher-than-average fees
Unimpressive presentation
DigitalEyes
DigitalEyes is Solana’s first open NFT marketplace with a distinctive Mint Calendar feature that allows users to create, buy and sell NFT collections. Some of the popular NFTs found on this platform include Aurory, Degenerate Ape Academy, Frakt, and Galactic Gecko Space Garage.
The mint calendar feature enables collectors to schedule time for the purchase of new collections that will be released at a stipulated minting date.
This platform charges 2.5% of each successful NFT sale as a service fee and supports wallets including Phantom, Sollet, Solflare, Solong, Slope, and MathWallet.
Advantages:
Extensive catalog of collections
Wide range of supported wallets
Easy-to-use platform
Disadvantages:
Unimpressive 2.5% service fee
Additional royalty fees
Metaplex
Metaplex unlike other Solana NFT marketplace is a unique platform that has a decentralized on-chain application that mints and sells NFTs. This platform allows you to create your custom Storefronts where NFTs for sale are displayed.
Unfortunately, users are only able to connect the marketplace with the Phantom wallet.
Users may incur little or no transaction fee with any sale of NFT on the metaplex platform.
Advantages:
Unique sale options for collectors
Rare Solana NFT collections available
Disadvantages:
Few wallet options
Other Solana NFT Marketplaces
In addition to the Solana NFT marketplaces previously discussed, the following are noteworthy NFT marketplaces that work with the Solana network.
FTX
Squadrop
Solanart
Exchange. art
Milkyway
LIQNFT
RabbitHole
Artz
Solid
Conclusion
With so many NFT marketplaces that offer a plethora of art collections, there’s no reason to not get involved in the Solana blockchain.
Risk Disclaimer
The views, thoughts, and opinions expressed in this article are not investment advice. Please do your research and consult with an investment professional before making investment decisions.
Special Offer (SPONSORED)
Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures' first month (terms).
"3Commas Trading Bot" Special Offer: Use this link to Sign up with 3Commas and get 10% off your first monthly subscription.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checkbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.