SOL NFT Transaction Volume Has Reached A New All-Time High
NFT
Solana (SOL) has been having a tough few weeks following the FTX meltdown, and has slowly been fading from the highest ten listing of the largest cryptocurrencies. Nevertheless, Solana’s NFT ecosystem has been exhibiting some promising progress.
During the last week, a wide range of new NFTs have been listed on Solana, together with Panda, Pixel Boy, ACF, Moo Doo, and Claynosaurz. Along with this, Solana’s NFT transaction quantity has additionally made some notable progress. Just some hours in the past, Solana introduced on its Twitter web page that its NFT transaction quantity has reached a brand new all-time excessive.
Solana NFT Buying and selling Quantity by Month Supply: Solana Day by day
Sadly, Santiment’s knowledge on Solana was not as optimistic. Based on the market intelligence platform, SOL’s complete NFT commerce rely quantity in USD noticed a decline over the past week.
Complete NFT Trades Quantity in USD Supply: Santiment
These new developments had a optimistic impact on SOL within the brief phrases. The crypto market monitoring web site, CoinMarkeCap, signifies that SOL noticed a 1.52% enhance in value over the past 24 hours to now commerce at $13.88.
SOL / TetherUS 1D Supply: CoinMarketCap
In the long term, issues are nonetheless not trying too properly for SOL because the altcoin is at the moment within the crimson by greater than 4% over the past week.
SOL’s 24 hour buying and selling quantity can also be within the inexperienced as we speak and now stands at $293,517,825 after a greater than 4% enhance over the past day. The crypto additionally strengthened in opposition to the 2 greatest cryptocurrencies out there, Bitcoin (BTC) and Ethereum (ETH) by about 0.08% and 0.30% respectively.
SOL is at the moment the fifteenth greatest crypto out there, with its market cap of $5,047,107,413.
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