Sunday, December 22

Solana NFTs Eclipse Ethereum in Trading Volume Amid Surge

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Source: AdobeStock/ Aleksandra Sova

Solana (SOL) continues to experience upward momentum, with its non-fungible tokens (NFTs) seeing substantially greater trading volume, going beyond even that of Ethereum.

Tasks like Mad Lads and Tensorians have actually seen considerable cost boosts, increasing numerous times over in current weeks.

The cumulative trading volume of Solana NFTs has actually now exceeded that of Ethereum, which generally leads in trading volume and hosts the most important tasks.

Over the previous 24 hours, Solana NFTs have actually created $14.8 million in trades, compared to around $13.9 million on Ethereum, according to information from CryptoSlam.

This rise in Solana trading volume represents a development of about 92% in the previous day.

Amongst the leading traded jobs throughout this duration, Tensorians, connected with the Tensor NFT market, blazes a trail with over $4 million in sales.

Within the Solana community, Tensor presently controls with almost 76% market share in the previous 24 hours, as reported by Tiexo.

Formerly, Magic Eden, the multi-chain market that held a popular position in the Solana area, now holds about 16% market share.

SOL Extends Gains as Market Rally Continues

Over the previous number of days,

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