Will Solana be able to break into the crowded NFT markets yet again?

Blue chip NFTs such as y00ts and DeGods migrating from Solana did not impact Solana negatively as number of mints on the protocol start to surge.

and towards other cryptocurrency networks, leading to speculation that Solana’s NFT space would suffer.

As a result of the aforementioned NFTs relocating, other collections like Solana Monkey Business and Degen Ape Academy have had an opportunity to stand out on the Solana network. This decline in staking activity was showcased by Staking Rewards’ data, which revealed that the number of stakers on the Solana network decreased by 1.66% over the last week.Soure: Staking Rewards

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