HomeCoinsEthereum (ETH)Solana NFT total sales volume crosses $1 billion

Solana NFT total sales volume crosses $1 billion

- Advertisement -


advertisement

Solana NFT total sales volume crosses $1 billion

Non-fungible token (NFT) sales on the Solana blockchain surpassed $1 billion in total volume in January of 2022, according to the NFT sales tracker CryptoSlam!

Solana’s NFTs gained in popularity in the latter part of 2021 as Ethereum, the most popular blockchain for NFTs, experienced prohibitively high transaction fees.

 The first Solana NFT to break $1 million occurred on September 11, for a Degenerate Ape Academy NFT — part of a collection of 10,000 algorithmically generated 3D primates. The most expensive Solana NFT sold for $2.1 million nearly a month later.

Solana’s highest weekly trade volumes reached $160.39 million on August 29, 2021, according to data from The Block. However, trading volumes for Solana-based NFTs still pale in comparison with the Ethereum-based market, and Solana lacks high-profile NFT projects akin to Bored Ape Yacht Club and CryptoPunks.

Nonetheless, healthy investment in the Solana NFT space has continued into the new year, as seen with the NFT protocol Metaplex raising $46 million through a SAFT sale on January 18.

Trending Stories



Source link

- Advertisement -
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,580FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 43,998.00
ethereum
Ethereum (ETH) $ 3,139.56
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 349.16
litecoin
Litecoin (LTC) $ 139.87
eos
EOS (EOS) $ 2.72
okb
OKB (OKB) $ 23.03
tezos
Tezos (XTZ) $ 4.23
leo-token
LEO Token (LEO) $ 4.88
cardano
Cardano (ADA) $ 1.23
monero
Monero (XMR) $ 184.00
stellar
Stellar (XLM) $ 0.249989
chainlink
Chainlink (LINK) $ 18.87
huobi-token
Huobi Token (HT) $ 10.01
tron
TRON (TRX) $ 0.06909
usd-coin
USD Coin (USDC) $ 0.999799
dash
Dash (DASH) $ 116.68
neo
NEO (NEO) $ 23.74
iota
IOTA (MIOTA) $ 0.999343
nem
NEM (XEM) $ 0.121116
zcash
Zcash (ZEC) $ 127.06
maker
Maker (MKR) $ 2,267.34
paxos-standard
Pax Dollar (USDP) $ 1.00
ethereum-classic
Ethereum Classic (ETC) $ 32.52
vechain
VeChain (VET) $ 0.067884
true-usd
TrueUSD (TUSD) $ 1.00
ftx-token
FTX Token (FTT) $ 47.37
kucoin-shares
KuCoin Token (KCS) $ 20.24
waves
Waves (WAVES) $ 11.12