Solana Dominates The NFT Market With 22% Sales Increase In The Past 24 Hours

Updated: 26 October 2024

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Solana, an open-source blockchain network that supports a variety of smart contracts, including non-fungible tokens and various decentralized applications, has once again seen its trading sales volume significantly surging, becoming the top traded blockchain network in the NFT market. Solana leads the non-fungible tokens market with a significant sales increase, outperforming the Ethereum, Bitcoin, and Polygon.

Daily NFT Sales Volume For Solana NFTs Pump 22%

Data compiled by cryptoslam.io, an on-chain crypto market data aggregator and a non-fungible token explorer backed by crypto investor Mark Cuban, shows that the non-fungible token trading sales volume on the Solana blockchain network is massively pumping today. In the past 24 hours, the Solana-based NFTs have amassed a trading sales volume of over $3.8 million, representing a 22% surge from the previous day.

Solana has exploded in trading sales volume, outperforming dominant Ethereum and Bitcoin in daily non-fungible token trading sales volume. In the past 24 hours, the Ethereum blockchain has attracted a NFT trading sales volume of $3 million, becoming the second most traded network in the NFT market. The Mythos Chain is the third most traded blockchain network in the NFT market today, recording a trading sales volume of $1.6 million in the past 24 hours.

Bitcoin, the blockchain network popular in the NFT market for hosting the Ordinals, Runes, and BRC-20 NFT collections, is today’s fourth most-selling NFT collection. In the past 24 hours, the Bitcoin-based NFT collections have attracted a trading sales volume of $1.6 million. During this time, the Bitcoin-based NFT sales volume has plunged by 17% from the past day. Immutable is the fifth most-traded NFT chain, amassing a trading sales volume of $675,995.

Top Selling NFTs On Solana In The Past 24 Hrs

Froganas, a non-fungible token collection featuring a limited edition of 5,555 humanoid frogs on the blockchain made by digital artist Tee, is today’s top-selling NFT collection on the Solana NFT ecosystem. In the past 24 hours, the Froganas NFT collection has recorded a trading sale volume of $1.3 million, becoming the leading NFT collection in the global NFT market. Froganas NFT sales volume has surged by 31% from the past day.

DogeZuki, a non-fungible token collection featuring a limited set of 2,800 NFTs fusing the worlds of Doge and Azuki, is another top-selling NFT collection on the Solana NFT ecosystem. In the past 24 hours, the DogeZuki NFT collection has recorded a trading sales volume of $360,229. During this period, the DogeZuki NFT trading sales volume has surged 7.47% from the past day.

Retardio Cousins, a non-fungible token collection featuring a fixed set of 4,444 NFTs hosted on the Solana blockchain network, is another top-selling NFT collection on the Solana NFT ecosystem today. In the past 24 hours, the Retardio Cousins NFT collection has recorded a trading sales volume of $319,145. During this time, the Retardio Cousin NFT sales volume has surged by 96% from the past day.