Solana NFT sales volume hits $5b
On Feb. 23, the whole quantity of non-fungible tokens (NFT) gross sales on the Solana community exceeded the $5 billion mark.
Based on the CryptoSlam platform, the Solana blockchain has 2.2 million patrons, in addition to 1.6 million sellers of NFTs. On the similar time, the whole variety of transactions within the NFT path has nearly reached 43 million.
On the similar time, within the interval from July to October 2023, the amount of NFT gross sales on the Solana community didn’t exceed $40 million monthly. Nonetheless, in November final 12 months there was a major improve within the variety of transactions. Gross sales quantity for this reporting interval reached $82 million. In comparison with October 2023, the determine elevated by 192%.
In subsequent months, the path continued to realize momentum when it comes to gross sales. In January 2024, NFTs price $239 million had been bought on the Solana community. As of Feb. 23 2024, the determine is $161 million.
Over the earlier 9 months, gross sales quantity exceeded $1 billion. On the time of writing, a complete of $5 billion price of NFTs had been bought on the Solana community.
Final month, the amount of all transactions in Solana exceeded $951 billion. In comparison with the earlier month, the determine elevated by 30%. It was then $738.8 billion. Additionally in early 2024, the corporate mentioned that the variety of energetic builders within the Solana ecosystem had ranged from 2,500 to greater than 3,000 month-to-month over the previous 12 months.
