The relative scarcity of specific traits within an NFT collection, calculated by analyzing how frequently each attribute appears. Rarity scores aggregate trait frequencies to rank NFTs. On Solana, platforms like HowRare.is and Magic Eden display rarity rankings. Rarity significantly impacts secondary market pricing and collector behavior.
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The relative scarcity of specific traits within an NFT collection, calculated by analyzing how frequently each attribute appears. Rarity scores aggregate trait frequencies to rank NFTs. On Solana, platforms like HowRare.is and Magic Eden display rarity rankings. Rarity significantly impacts secondary market pricing and collector behavior.
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SPL assets, token standards, metadata, and NFT primitives.
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NFT Rarity (nft-rarity) Category: Token Ecosystem Definition: The relative scarcity of specific traits within an NFT collection, calculated by analyzing how frequently each attribute appears. Rarity scores aggregate trait frequencies to rank NFTs. On Solana, platforms like HowRare.is and Magic Eden display rarity rankings. Rarity significantly impacts secondary market pricing and collector behavior. Related: NFT (Non-Fungible Token), Magic Eden, Floor Price
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A non-fungible token on Solana—an SPL token with 0 decimals, supply of 1, and revoked mint authority. The NFT's metadata (image, attributes) is stored off-chain (Arweave/IPFS) linked via the Metaplex metadata account's URI field. NFTs can be standard, compressed (cNFT), programmable (pNFT), or Core assets, each with different trade-offs.
The leading NFT marketplace that launched on Solana in September 2021 and expanded to support Ethereum, Bitcoin Ordinals, Polygon, and other chains. Magic Eden pioneered features like collection launchpads, rarity tools, and cross-chain NFT trading. It processes the majority of Solana NFT volume and played a central role in the growth of the Solana NFT ecosystem.
The lowest listed sale price for any NFT within a collection on marketplaces. Floor price serves as the baseline valuation for a collection and is the most commonly tracked metric for NFT market health. It fluctuates based on demand, new listings, and broader market conditions. Rarer traits within a collection typically trade at multiples above the floor. Tensor and Magic Eden display real-time floor prices for Solana collections.
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A non-fungible token on Solana—an SPL token with 0 decimals, supply of 1, and revoked mint authority. The NFT's metadata (image, attributes) is stored off-chain (Arweave/IPFS) linked via the Metaplex metadata account's URI field. NFTs can be standard, compressed (cNFT), programmable (pNFT), or Core assets, each with different trade-offs.
The process of locking NFTs in a program to earn rewards, typically in the form of a project's token. Staking programs verify NFT ownership and collection membership, track staking duration, and distribute rewards proportionally. On Solana, NFT staking is commonly implemented using Metaplex's freeze delegate or by transferring the NFT to a program-controlled escrow account. Rewards incentivize holding over flipping.
An NFT stored as a leaf in an on-chain Merkle tree via State Compression, reducing minting cost by ~1,000-5,000x. Only the tree root hash is stored on-chain; leaf data is indexed off-chain. A 1M cNFT collection costs ~50 SOL vs ~12,000 SOL for standard NFTs. Created via the Bubblegum program; transfers require Merkle proofs.
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A non-fungible token on Solana—an SPL token with 0 decimals, supply of 1, and revoked mint authority. The NFT's metadata (image, attributes) is stored off-chain (Arweave/IPFS) linked via the Metaplex metadata account's URI field. NFTs can be standard, compressed (cNFT), programmable (pNFT), or Core assets, each with different trade-offs.
The leading NFT marketplace that launched on Solana in September 2021 and expanded to support Ethereum, Bitcoin Ordinals, Polygon, and other chains. Magic Eden pioneered features like collection launchpads, rarity tools, and cross-chain NFT trading. It processes the majority of Solana NFT volume and played a central role in the growth of the Solana NFT ecosystem.
The lowest listed sale price for any NFT within a collection on marketplaces. Floor price serves as the baseline valuation for a collection and is the most commonly tracked metric for NFT market health. It fluctuates based on demand, new listings, and broader market conditions. Rarer traits within a collection typically trade at multiples above the floor. Tensor and Magic Eden display real-time floor prices for Solana collections.
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The original Solana Program Library token program (TokenkegQfeZyiNwAJbNbGKPFXCWuBvf9Ss623VQ5DA) that implements fungible and non-fungible token operations. It manages mints (token definitions) and token accounts (balances). Core instructions include InitializeMint, MintTo, Transfer, Burn, Approve (delegation), and Revoke. All SPL tokens on mainnet before Token-2022 use this program.
Solana Program Library—a collection of on-chain programs and client libraries maintained by Solana Labs. Key SPL programs include Token, Token-2022, Associated Token Account, Memo, Name Service, Stake Pool, and Account Compression. SPL programs are deployed to well-known addresses and serve as the standard building blocks for Solana applications.
The next-generation token program (TokenzQdBNbLqP5VEhdkAS6EPFLC1PHnBqCXEpPxuEb) that extends SPL Token with configurable extensions. Extensions include transfer fees, confidential transfers, transfer hooks, permanent delegate, non-transferable tokens, interest-bearing tokens, metadata, and more. Token-2022 is backwards-compatible with SPL Token for basic operations.
An on-chain account defining a token type. A mint specifies: supply (total minted), decimals (0 for NFTs, 6 for USDC, 9 for most tokens), mint authority (who can mint), and optional freeze authority. Each unique token (USDC, JitoSOL, etc.) has exactly one mint account. Mint address serves as the token's unique identifier.