• Multiple new NFT collections were launched on Solana in recent days.
• SOL’s price chart turned green, and market indicators were bullish.

Solana’s [SOL] NFT ecosystem continues to flourish as key NFT metrics registered upticks. Multiple new collections have also been launched on Solana, which can fuel further growth. While the NFT ecosystem thrived, SOL’s market capitalization also recovered sharply as the bulls took over the market. 

Realistic or not, here’s SOL market cap in BTC terms

Solana’s NFT space on FIRE!

CRYPTOSLAM’s data revealed that in the last seven days, the number of NFT buyers surged by more than 125%, while the number of sellers increased by 81%. Thanks to this, Solana NFT’s total transactions and sales volume also went up by 36% and 5%, respectively.

Santiment’s chart also pointed out a similar growth pattern. Solana’s number of NFT trade counts increased substantially over the last week, as did its total NFT trade volume in USD, which looked encouraging.

Dune’s data also revealed that the number of active wallets also rose, reflecting increased usage and adoption of SOL NFTs.

Go to Source to See Full Article
Author: Dipayan Mitra

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details