Ethereum's dwindling NFT sales and buyers have a Solana twist which looks like...
made waves. Mainly in terms of stealing or rather creating upsides when compared to Ethereum’s NFT marketshare., Solana’s share of total NFT trading volume increased from 7% to 24% over the last 6 weeks.
Will we see a change in dominance structure within the NFT market? Or will Ethereum slowly make its way back to the top?Subscribe to get it daily in your inbox.
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Ethereum vs. Polygon and an ‘OpenSea’ of decline in NFTs tradingThe craze that surrounded profile picture NFTs (PFPs) in 2021 dwindled significantly as per data from Dune Analytics. According to the blockchain analytics platform, monthly NFT trading volume on OpenSea had declined by 93% from the all-time high of $4.86 billion in January. The last nine months have been full of ups and downs for […]
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Ethereum NFT holders may gain a sense of security after reading thisAccording to data from DappRader, top sales of Non Fungible Tokens (NFTs) in the last 24 hours showed NFTs on the Ethereum [ETH] network in the lead. A Bored Ape Yacht Club (BAYC) NFT topped the list with the sale attracting 91 ETH, valued at over $120,000. Now, the question is- Does ETH stand to […]
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Ethereum NFT holders may gain a sense of security after reading thisAccording to data from DappRader, top sales of Non Fungible Tokens (NFTs) in the last 24 hours showed NFTs on the Ethereum [ETH] network in the lead. A Bored Ape Yacht Club (BAYC) NFT topped the list with the sale attracting 91 ETH, valued at over $120,000. Now, the question is- Does ETH stand to […]
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Morning SOL holders, there’s some bad news for you, but…Solana [SOL] is back in the news again. But alas, this time for an unpleasant reason. On 1 October, at 6:15 IST, Solana Status, a Twitter handle that is reportedly run by the Solana Foundation, posted a tweet about Solana’s fourth major outage since January. The tweet stated that the network was experiencing an outage […]
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