Solana Flips Ethereum in NFTs sales volume


In a historic milestone for the NFT market, Solana NFTs achieved a significant feat by surpassing Ethereum in monthly sales volume for the first time. According to data from CryptoSlam, Solana NFT sales surged to approximately $366.5 million, outpacing Ethereum’s $353.2 million in December 2023. This achievement underscores Solana’s growing influence and prominence in the competitive NFT market.

The notable increase in user engagement on the Solana platform is reflected in the rising numbers of both sellers and buyers. While Ethereum’s NFT sales remained relatively stable in December, Solana experienced a remarkable upswing from its performance in the previous month.

The surge in Solana’s price is identified as a contributing factor to this significant growth, along with successful projects like Tensorians and Mad Lads. Despite Ethereum’s continued strength with flagship NFT collections such as Bored Apes and Pudgy Penguins, Solana’s groundbreaking accomplishment in surpassing Ethereum’s NFT sales volume marks a pivotal moment in the evolution of Solana NFTs.


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