Introduction:

The purpose of this dashboard is to compare an important issue in the NEAR protocol with another L1 blockchain. I decided to compare the NFT market on two blockchains.

In this dashboard, the charts on the left are related to the NFTs of the Solana ecosystem, and the right side are related to the NEAR protocol.

Number of sales:

The below charts show the number of NFTs sold per day in the Solana ecosystem and the NEAR protocol over the past three months.

Number of users:

The below charts show the number of unique sellers and the number of unique buyers per day in the Solana ecosystem and the NEAR protocol over the past three months.

Volume of sales:

The below charts show the volume of NFTs sold per day in the Solana ecosystem and the NEAR protocol over the past three months.

NEAR Protocol is a decentralized smart contract platform that focuses on creating a developer and user-friendly experience. Its consensus mechanism is Proof-of-Stake and it uses sharding technology to achieve speed and scalability. NEAR also provides a bridge and scaling solution for the Ethereum blockchain.

References:

Solana is a layer 1 blockchain that uses Proof of Stake and Proof of History as a consensus mechanism in order to achieve considerably higher levels of scalability. Solana is often considered to be decentralized enough in terms of security, but superior in terms of speed because certain aspects of its infrastructure are more centralized than other blockchains. Solana’s native token is called $SOL.

In this dashboard, we have tried to provide the following topics:

• Number of sales
• Number of unique sellers
• Number of new sellers
• Volume of sales
• Average NFTs price

As you can see:

• The number of sales on Solana increased until Sep 21st, 2022 but after that is decreasing While this metric gradually decreased on the NEAR protocol.
• The total number of sales on Solana is much more than on NEAR.
• The average number of sales per day on Solana is much more than on NEAR.

As you can see:

• The number of unique sellers on Solana increased until Oct 11th, 2022 but after that is decreasing While this metric gradually decreased on the NEAR protocol.
• The total number of unique sellers on Solana is much more than on NEAR.
• The average number of unique sellers per day on Solana is much more than on NEAR.

As you can see:

• The number of unique buyers on Solana increased until Oct 22nd, 2022 but after that is decreasing While this metric gradually decreased on the NEAR protocol.
• The total number of unique buyers on Solana is much more than on NEAR.
• The average number of unique buyers per day on Solana is much more than on NEAR.

• In both blockchain, the number of daily unique sellers is more than the number of daily unique buyers.

As you can see:

• The volume of sales on Solana increased until Sep 16th 2022 and stabled after that While this metric gradually decreased on the NEAR protocol.
• The total volume of sales on Solana is much more than on NEAR.
• The average volume of sales per day on Solana is much more than on NEAR.

As you can see:

• The average NFTs price on Solana is increasing over time while this metrics is stable on NEAR over this period.
• The average NFT price on Solana is more than on NEAR protocol.

Conclusion:

NEAR protocol is a newer blockchain than Solana so we expected this difference on different metrics about their NFT marketplaces. Anyway, I should say, all import metrics for NFT marketplaces like the number of NFTs sold, number of users using marketplaces to buy or sell their NFTs, and volume of NFTs sold on Solana is higher than NEAR protocol and these metrics are decreasing over the past three months on the NEAR blockchain.