5 Most Profitable Solana NFT Projects in 2022 You Don’t Want to Miss

NFT scalability with Solana

As Solana has grown in popularity, a portion of the Ethereum network’s activity has migrated to this blockchain with lower gas fees. Non-fungible tokens (NFTs) is one of the most important growth areas in this new network.

On with his improved scalabilitySolana is attracting more creators to imprint their NFTs on the blockchain, and judging by trends, it is also attracting participants with less capital.

In this week BSC News NFT roundup we look at some of the notable NFT collections that have had a major impact on Solana. Let’s dive into it:

DeGods

DeGods is currently the largest NFT project on the Solana blockchain. The platform is innovative, community-oriented, continuously gives back to its holders, has celebrities like IceCube involved, and much more. As a result of all these qualities, DeGods has become the success story it is today.

In August, DeGods reached a floor price of 300 SOL (about $9,570). The total volume of DeGods shows 1.31 M SOL ($41 million) with a floor price of 289 SOL ($9,112).

Y00ts Mint Toob

The y00ts mints toob collection was created by the founders of the hyper-successful DeGods NFT project. As a result, it was one of the most hyped collections upon release and had 15,000 NFTs in circulation. The coin price of a y00ts was 375 DUST, just over $1000.

Y00ts’ floor price increased to 144 SUN (about $4,467) on September 7th. Currently, the total volume of y00ts NFT shows 564K SOL ($1.76 million), with a base price of 103.33 SOL ($3205).

Okay Bears

“We’ll make it” is the slogan for Okay Bears, a collection of 10,000 pieces of pure NFT. One thing that makes Okay Bears stand out is their blueprint. Each part of the plan has its utility. There are seven different sections: a park, a workshop, a gallery, a shop, a studio, a platform and a bear market.

Ok Bears floor price shot up to 215 SOL (about $12,280) on May 18th. The total volume of Okay Bears NFT is 564K SOL ($66 million) with a base price of 48 SOL ($1489).

Solana Monkey Business

There are 5,000 unique, randomly generated SolanaMonkeys stored on the blockchain as part of the Solana Monkey Business (SMB). With its accessibility-oriented design, the monkeys aim to build a large community around the Solana blockchain supported by owner-exclusive benefits, a community wallet and a future voting system.

SMB’s floor price jumped to 288 SOL (about $36,535) May 18. The total volume of SMB NFT is currently 1.18 million SOL ($37.7 million), with a base price of 199 SOL ($6,362).

Boryoku Dragonz

There are 1,111 Dragon NFTs in Boryoku Dragonz on Solana, each earning passive income for their holders in the form of the BOKU cryptocurrency. Unlike most NFT collections, this project offers unique features to holders, such as daily token airdrops, breeding games, and token burning mechanics.

Each Boryoku Dragonz NFT holder receives 7 BOKU tokens daily. With one Boryoku Dragonz NFT you can earn $138.32 per day and over $50,000 annually if the BOKU token reaches its peak price of $19.76.

On February 19, Boryoku Dragonz jumped their floor price to 369.69 SOL (about $33,290). Boryoku Dragonz NFT has a total volume of 162.3K SOL ($5.18 million) with a floor price of 68.68 SOL ($1471).

Most of these collections are relatively young and have a lot of potential if the projects are carried out well. The popularity of the Solana blockchain and NFTs continues to grow and it will be interesting to see how these projects pan out.