Solport vs. Magic Eden (Solana Bounties)

Q48. Solport - a NFT marketplace on Solana - launched a V2 on March 12th that includes various new features for marketplaces. Beginning on March 12th, compare the NFT sales volume on Solport to Magic Eden's sales volume. How many unique wallets have used Solport over that timeframe compared to Magic Eden?

Introduction

Solport is a marketplace that can trad Solana NFTs on that. second version been launched on March 12th that includes various new features for marketplaces. Starting on March 12th,

Method

To best learning on everything is deep dive into that. in the current dashboard we are looking at NFT volume, its origin and its trends, and for that queried all data/transactions from solana.fact_nft_sales and solana.dim_nft_metadata in the timeframe of January 1st 2022 till March 13th and filtered it for 'solport' & 'Magic Eden' and picked only successful transactions.

Analysis

The Next charts shows the daily sales volume over the defined timeframe and compares it with the number of sales and number unique wallet addresses per day for Solport & Magic Eden V2.

Finding: On Mars 12th to 20th and some days before the number of transactions is nearly 0. I couldn't find any news or information about network problems, so i guess there is a problem with the data in velocity for this days. We'll ignore this behavior from here on!

Conclusion

Which trends have we found on each marketplacees:

We are in an ongoing uptrend in Volume & unique wallet addresses since the End of Mar in both marketplaces. but for confirming that, more evidence is required.

Discord: 0xHaM☰d#8391

Date: 2022-04-05

Current dashboard is focused on the volume trends and the number of uniqe wallets for the NFT Marketplaces solport & Magic Eden on Solana.

All data is from January 1st 2022 till April 5th.

What the graphes shows :

We ignore the days that haven't data & Y Axis is in log scale to exaggerate differences ...

The Average Sales Volume is around 132.357 for Solport and 46.92K for Magic Eden V2
The Sales Volume is constant high and most of the time lower than the Average Sales Volume, but
In the 10 days end of Mar it goes higher than Average.
some days haven't any tx.
Number of unique wallet has correlation with sales volume.

Generally the Volume isn't very volatile, also the Number of Sales but it is a bit more indreasingly. Looking at the sales volume trend over time, we see a uptrend starting at the End of Mar.

flipside