Introduction

Welcome to the Solana Compressed NFT Dashboard! As the world of NFTs continues to expand, Solana has emerged as a game-changer with its innovative compressed NFT technology. This dashboard aims to provide you with a comprehensive overview of the latest trends, comparisons, and insights surrounding the adoption of compressed NFTs on Solana.

With the recent release of Solana's compressed NFTs, creators can now mint tokens at a fraction of the previous cost on the Solana network and even cheaper than on other popular chains like Ethereum and Polygon. This breakthrough has given rise to a massive influx of NFT drops, such as Drip Haus and Dialect sticker pack mints, and with the anticipated arrival of Helium on Solana, this number is only set to increase.

In this dashboard, we will highlight the significant cost savings of minting on Solana compared to other protocols like Ethereum and Polygon. We will explore whether this cost-efficient approach is truly "only possible on Solana" right now, and delve into the projects that have minted the most NFTs, their use cases, and the potential growth of this trend in the near future.

As a case study, we will analyze the recent Coinbase minting event of their "Stand with Crypto" NFT, which was minted on the Ethereum blockchain. Our dashboard will showcase the gas fees spent on Ethereum for minting all these NFTs and compare the costs if they were minted in compressed form on the Solana blockchain.

We invite you to explore the Solana Compressed NFT Dashboard and uncover insights into this exciting new trend that has the potential to revolutionize the NFT landscape. Discover the benefits, growth opportunities, and innovations that lie ahead with Solana's compressed NFTs.

Sources

The code of the graphs looking at Helium NFT mints was forked from the work of @fknmarqu