Solana NFT Championship
Overview
NFTs have been the trending topic of cryptowolrd over the past year. In fact, emblematic persons like Mark Zuckenberg told about that and basically, put their enterprise name Facebook a different name so called "Meta" in reference to Metaverse, the world of NFTs.
Thanks to that, the growth of this type of tokens increased exponentially in all the blockchain networks. One of the main networks have been Solana.
As well, Sports NFTs are a growing segment in the non-fungible tokens NFTs market, enabling sports fans to collect digital trading cards, virtual memorabilia, and more.
Sports NFTs are verifiably unique digital assets created on a blockchain to represent digital trading sports cards, sporting moments, digital memorabilia, and other types of sports items.
The issuance of sports NFTs provides an opportunity for athletes, clubs, and sports brands with a new monetization avenue while enabling fans to connect with their favorite clubs and athletes in a new way [1].
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Methodology
In this dashboard, we are gonna analyze some of the top Solana Sport NFTs, from Collectorz Club and Suites to Laidback Lions, in order to find out which collection has had the most activity so far, and thus find the champion of Solana's sporting NFTs.
To do so, we will be calculating several metrics daily/weekly/monthly, along with any others notable and interesting ones such as:
- Sales volume and average sales/day
- Total Sales Volume
- Daily Average Sales Price
- Volume in SOL and average volume/day
- 7-day, 30-day and 60-day moving average
- Total Unique Buyers and Average Buyers/Day
- Total Unique Sellers and Average Sellers/day
As said before, all of these metrics can be calculated in a daily, weekly or monthly basis. As well, the tiimeframe can be adjusted by the reader. To do so, please follow these steps:
- Select a granularity (day,week,month) and a timeframe (1 MONTH, 3 MONTHS, 6 MONTHS, 12 MONTHS) from the parameters above
- Once selected, tap the “Apply All Parameters” button on the right
- Go through the dashboard and enjoy the results!
Total metrics
In these first charts, we can see the basic information about the total numbers in the general metrics by each analyzed collection.
On the one hand, we can see how there are top 5 collections in terms of total number of sales so far going from 7.5k to 800 sales:
- Space Runners
- The Suites
- Net Runner
- Solbookie Sportsbook
- Stepn
Looking at the average sales/day the ranks vary a little bit. In this case, the top 5 are the same collections but in the top 1 is Netrunner followed by Space Runners, Solbookie Sports, The Suites and Stepn. Here we can see how this feature is preceded by the runners.
Considering total volume and average volume/day, we can see how both are linked and have some relationship. In this case, there are two collections that have higher numbers than the rest: The Suites and Space Runners, both with over 20M SOL of total volume and more than 500 average volume/day.
In number of buyers and sellers, The Suites are the leader one closely followed by Space Runners and Net Runners. It is curious that Space Runners has almost double of sellers than buyers, while The Suites and Stepn have similar numbers. The rest has a little bit more sellers than buyers.
Finally, the average buyers and sellers per day is in favour of NetRunner. In all of the collections, the number of seller/day is higher than the number of buyer/day.
Daily/Weekly/Monthly metrics
In this last charts, we have the volume evolution of each collection over time. Again, following the criteria you choose in terms of granularity and period of time.
In this case, the metrics analyzed are:
- Volume in SOL
- Average volume/day in SOL
- 7-day MA
- 30-day MA
- 60-day MA
Key insights
In this dashboard, we have explored the top NFT collections on Solana that are based on sports sections. We have seen how the major of the sports collections are related to running. However, the top 5 collections in terms of general activity are: The Suites, Space Runners, NetRunner, Solbookie Sportsbook and Stepn.
Another important insights found are:
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There are top 5 collections in terms of total number of sales so far going from 7.5k to 800 sales: Space Runners, The Suites, Net Runner, Solbookie Sportsbook and Stepn.
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The top 5 in terms of average sales/day are: in the top 1 is Netrunner followed by Space Runners, Solbookie Sports, The Suites and Stepn. Here we can see how this feature is preceded by the runners.
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Considering total volume and average volume/day, we can see how both are linked and have some relationship.
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In terms of volume, there are two collections that have higher numbers than the rest: The Suites and Space Runners, both with over 20M SOL of total volume and more than 500 average volume/day.
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In number of buyers and sellers, The Suites are the leader one closely followed by Space Runners and Net Runners. It is curious that Space Runners has almost double of sellers than buyers, while The Suites and Stepn have similar numbers. The rest has a little bit more sellers than buyers.
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The average buyers and sellers per day is in favour of NetRunner. In all of the collections, the number of seller/day is higher than the number of buyer/day.
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In this other section, we can see the different metrics’ evolution by the timeframe you specified on the parameters above as well as the granularity of your choice. Depending on that, yoou can see the different variables by day, week or month during the past 1, 3, 6 or 12 months.
In these first charts, you can explore the evolution of the following metrics by collection:
- Number of sales
- Number of sales/day
- Number of buyers
- Number of buyers/day
- Average NFT price