Try Quests to earn SOLOver-The-Counter activity of NFTs on Solana
The analysis of OTC trading on the Solana blockchain reveals key insights into the NFT market. With $31.1 million worth of $SOL traded, OTC deals demonstrate significant trading volume, indicating their importance in the ecosystem. While token swapping dominates OTC transactions, regular NFT trading also plays a significant role. Collections like "Degods" and "Y00ts" are popular choices among OTC traders, and the value of tokens traded in OTC deals surpasses that of regular marketplace transactions. Interestingly, OTC dealers are actively involved in marketplace trading, showcasing their preference for both avenues. These findings highlight the dynamic and thriving nature of the Solana NFT market, where OTC trading complements and enriches the overall trading landscape.