Aside from the recent price hike, Solana has seen a significant increase in its NFT ecosystem in a concise period of time. The network had just 77.79k mints at the beginning of the month, while Solana NFT mints set an all-time high on September 7, reaching 300,000.
Solana Remains Attractive Place For NFT Trading
Solana ecosystem continues to be an attractive place for NFT trading. Solana NFT marketplace sales volume has hit its highest level since the end of May, while the largest NFT blockchain, Ethereum, has witnessed a 10.7% reduction in sales volume, reaching $72.6 million, according to CryptoSlam.
On the other hand, Solana has seen an astounding 123.7% increase in sales volume, totaling $39.36 million.
Solana News tweeted the top NFT collections by sales volume in the previous 24 hours. “Yoots: Mint Toobs” topped the list with $426.1K in sales since September 11. This collection was quickly followed by “Solana Name Service,” which completed $425.4k in transactions on September 12.
Why You Should Care
While Solana is not yet on pace with Ethereum, it has recently seen widespread adoption. The latest drive will increase Solana’s market prominence as it strives to climb the charts on all fronts.
Read more about development of Solana’s (SOL) ecosystem:
Number of Solana (SOL) Transactions Approaches 100 Billion Despite Rough 2022
Solana CEO Says Network Outages Have Been The ‘Curse’ Of Low-Cost Transactions
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Source: Cryptocurrency - investing.com
