Solana’s surging fortunes of late have produced a surprising result in the NFT market: monthly sales volume of NFTs on the network beat that of NFTs on Ethereum in December 2023, for the first time ever.

According to data from analytics platform CryptoSlam, Solana NFT sales tallied about $366.5 million worth in December compared to $353.2 million on Ethereum. CryptoSlam’s “organic” sales figures exclude suspicious trades marked as “wash trading,” with about $381 million worth of Ethereum sales excluded and just $10.1 million worth of Solana sales pulled out.

Solana’s total of $366.5 million in trades nearly matched the network’s all-time high, according to CryptoSlam, which was about $373.5 million worth in October 2021 as the space was just heating up. We’ve seen daily Solana NFT sales volume pop above Ethereum at times, but never in terms of a full month’s worth of trades.

Solana saw about double the amount of uniqu

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Author: Andrew Hayward

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