Solana NFT Collection ‘Okay Bears’ Breaks Record and Ranks First on OpenSea

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Okay Bears is a collection of 10,000 diverse bear avatars built on Solana’s blockchain. The community-focused project launched successfully, as it topped 24-hour trading volume and beat popular Ethereum-based NFT collections, such as VeeFriends and Meebits. For the first time, a non-Ethereum blockchain ranked first in NFT sales.

The mint started on April 26 on Solana NFT marketplace Magic Eden at a mint price of 1.5 SOL. After the NFTs had sold out, the secondary trading began and was additionally listed on the top NFT marketplace OpenSea, which only started listing Solana NFTs earlier this month. The current floor price of Okay Bears is 63 SOL.

According to OpenSea, 236,100 SOL has already been raised in secondary sales, which currently converts to approximately $23.6 million. Okay Bears is the only Solana collection on OpenSea that ranks among the top 50 NFT collections for the last seven days.

By setting the record of $18 million in profits in the first 24 hours after launch, Okay Bears also helped Solana’s network to reach $2 billion in sales.

The team of Okay Bears promises to create a brand with a strong sense of community. The description says:

“Through meaningful member-only merch drops, outdoor campaigns, exclusive live events and collaborations with indie businesses and world-renowned brands, we create a community-centric, globally recognised brand that is a force for good.”

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Agne Cimermanaite

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in Literary Studies from the University of Amsterdam and has an extensive background in writing about a wide range of topics including cybersecurity, travel, art, and culture. She has also volunteered as an editor for the animal rights organization, “Open Cages,” where she helped raise awareness about animal welfare issues. Currently, Agne splits her time between Barcelona, Spain, and Vilnius, Lithuania, where she continues to pursue her passion for journalism. Contact her on [email protected]

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