Hyperspace had the greatest daily sales transactions with about 1.1K transactions.

the highest daily sales volume was on 9 Oct with about 9.5K sol.

Introduction

NFT Marketplace Aggregators: What Are They?

A data or information aggregator is a person, website, or piece of software that gathers data or information from many sources and presents it to users who might find it useful. An NFT aggregator is a portal that shows a variety of NFTs that are advertised on different marketplaces. These aggregators make it simple for investors and dealers to trade NFTs from several markets without physically going to those markets. These aggregators can be thought of as an all-in-one marketplace because they combine NFTs from different markets and facilitate the seamless exchange of NFTs between the parties. By exposing them to investors and enabling them to compare NFT prices, gas fees, royalties, and other significant elements, they provide a more comprehensive view of diverse markets. Additionally, it saves investors the time and effort of going through multiple markets. In addition to all of these, marketplace aggregators also enable investors to buy NFTs from several suppliers in a single transaction.

Describe Coral Cube.

CoralCube is a marketplace and aggregator for NFTs with the goal of emphasizing three web3 columns relevant to NFTs: -Easy and seamless interactions with on-chain NFT marketplaces and access to digital material on the Solana blockchain. transparency on the ownership and credentials of NFTs platforms and goods that are community-owned and -powered. In the end, these three will reduce the technological and financial barriers for new competitors to enter the market and reduce the creation of monopolies.

Describe Hyperspace.

The website, which is now called Hyperspace and has a new domain name of Hyperspace.xyz, has announced a $4.5 million seed round that was co-founded by Dragonfly and Pantera Capital. Jump Capital, Solana Capital, NFX, Galaxy Digital, Shima Capital, Coinbase Ventures, Sfermion, 6th Man Ventures, Soma Capital, Social Capital, and Folius Ventures all contributed as well.

Although the funds were raised a few months ago, the round was just recently disclosed. In a few months, Hyperspace also intends to do another raise.

Beyond this, Hyperspace wants to use an aggregator to smuggle itself into the NFT trading market. The website's users will be able to buy NFTs from any of the main Solana NFT marketplaces thanks to the aggregator. You can browse all of the NFTs that are being offered on the marketplaces at once.

Describe Solana.

A blockchain platform called Solana is intended to run scalable, decentralized apps. It was established in 2017 and is an open-source project that is currently managed by the Geneva-based Solana Foundation. San Francisco-based Solana Labs developed the blockchain. Compared to competing blockchains like Ethereum, Solana processes transactions substantially faster and charges significantly lower transaction fees. The Solana (SOLUSD) cryptocurrency, which uses the ticker symbol SOL, and is based on the Solana blockchain, experienced an almost 12,000% increase in 2021. At one point, it had a market valuation of over $66 billion, ranking it as the fifth-largest cryptocurrency at the time.

Methodology

I will compare the Key Performance Indicators (KPIs) of the Hyperspace platform to the Coral Cube platform in this dashboard. They list all NFTs across numerous platforms in addition to permitting listings on their own marketplace, making them the two most popular NFT aggregators on Solana. In the first part of this dashboard, I will provide you with some background information on both of these platforms. After that, I will compare them based on a variety of criteria, such as the total number of sales and the volume of those sales, among other things.

Information additional to:

In order to retrieve statistics and information on NFT sales on these two NFT aggregators on Solana, I will be using the solana.core.fact nft sales table for the queries that are included on this dashboard.

In order to acquire the name and label for NFT contract addresses that we fetch from the solana.core.fact nft sales database, I will use the solana.core.dim labels table.

Conclusion

1-While Hyperspace's volume is in an increase, Coralcube's total volume is significantly higher.

2-The amount of NFT sales appears to have increased but then sharply decreased once Solana Marketplaces switched to a 0% creator royalty.

3-Users of Coralcube are more devoted than those of Hyperspace (Coralcube users are more active than a day in comparison with Hyperspace)

4-There are differences between the top 10 NFTs in the two aggregators.

5-the royalty amounts in both aggregators are decling over time.

6-the fees generated by Coralcube are much more than Hyperspace.

7-The CoralCube seller fees is 2 percent and in Hyperspace is 1 percent

• ==91== percent of buyer used only Hyperspace.
• ==93== percent of sellers used only Hyperspace.

By comparing the key indicators between the two NFT aggregators, we can conclude that coral cube aggregator is a better option compared to hyperspace for NFT transactions in the Solana network. Some of these reasons: The number of transactions, the number of buyers and sellers, and the number of active users show the popularity of Coral Cube. The volume of NFT sales as well as the age are more reasons that show that this aggregator is more reliable. Also, Coral cube has a higher average sales price compared to hyperspace.