Solana NFT Project Feature

Choose a NFT project from the following list and create a dashboard with the new Flipside dashboard layout that can refresh once a day highlighting at least 4 metrics of your choosing that helps show the "health" of the project. Note any noticeable trends or current events for the project. Highlight how liquidity is flowing in and out of the project and what types of buyers and sellers are interacting with the project.

Methodology

We will look at the following metrics to detirmine the health of Okay Bears:

• Daily Okay Bears sales volume
• Daily Okay Bears Average Sales Price
• Daily Okay Bears sellers/buyers
• Top 20 buyers of Okay Bears by NFTs bought
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What is Solana?

Solana is a public blockchain platform with smart contract functionality. Its native cryptocurrency is SOL. Solana offers low fees and fast transaction times. Solana smart contracts are written in Rust rather than solinity. sonal is one of the fast blockchains with the lowest transaction fees.

What are Okay Bears?

Okay Bears are algorithmically-generated NFTs that were released in April 2022 on the Solana blockchain. With a total of 10,000 bears initially priced at 1.5 SOL each, the collection has taken over the Solana NFT market with an alluring culture shift that focuses on good vibes.

Observations

In the first 2 weeks of Ok Bears live on the market the average price of Ok Bears went from 16 SOL to 273 SOL. The number of Ok Bears buyers and sellers has been declining each day since their release of the collection. There were a handful of days where the sales volume of Ok Bears was over 50,000 SOL. 

Conclusion

The top Of Bears buyers have spent 1,000s of SOL buying Ok Bears and these top users all have 15 Sales. Currently Ok Bears seems to be a very healthy project. The big reason that this project is very healthy currently is that although the total number of sales is slowing down the floor price of these NFTs does not fall below a certain point before getting bought up.