For the first time in history, Solana has surpassed Ethereum in 24-hour NFT sales. This milestone comes as Solana gears up for a recovery
Solana, the high-performance blockchain network, has achieved a historic milestone by surpassing Ethereum in 24-hour NFT sales. This achievement is indicative of the growing interest and adoption of Solana in the NFT space.
According to data from DappRadar, Solana recorded NFT sales worth over 25,5 million in 24 hours, surpassing Ethereum, which recorded sales worth $24.5million in the same period. This is a significant milestone for Solana, as Ethereum has long been the undisputed leader in the NFT space.
The growth of Solana in the NFT space can be attributed to several reasons. Firstly, Solana offers faster and cheaper transactions than Ethereum, making it attractive to NFT creators and buyers. Additionally, Solana has seen significant growth in its NFT ecosystem, with the launch of several popular NFT collections and NFT marketplace platforms.
This milestone comes as Solana gears up for a recovery following a recent dip in the price of its native token, SOL. Despite the dip, interest in Solana and its NFT ecosystem has not waned, indicating strong community support and continued optimism about the future of the network.
The growth of Solana in the NFT space is a testament to the evolution and maturation of the NFT market. With more and more blockchain networks entering the space and offering their own unique advantages and features, the NFT market is set to continue growing and diversifying.
Written by NFT Express (TW: @nftexpress_en)
