Solana’s NFT ecosystem stands at the forefront; can SOL claim the same

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Solana’s NFT ecosystem stands at the forefront; can SOL claim the same
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Solana NFTs market share stood at 13% in terms of sales volume. Sales reached its all time high in November According to Dune, daily purchases on Solana NFT marketplaces registered a decline Solana’s [SOL] NFT ecosystem gained the attention of many over the last few weeks as it achieved quite a few milestones that looked […]

Not only this, but several updates that were released on the Solana ecosystem, also added much value to the blockchain. For instance, as of November,Furthermore, Magic Eden remained the main player in the space with a 90% market share of transactions on Solana. An interesting development was also noted as Solana NFT’s Blue Chip experienced a sharp rise in its price and trading volume following the FTX episode, which shook the entire cryptocurrency market.

As per DappRadar’s data, over the last 30 days, the y00ts collection was traded the most, and its sales increased by nearly 280%. Furthermore, y00ts also made it to the list of the top 10 NFT collections by volume in the past month.

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