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Solana NFT Sales Skyrocket, Eclipses Ethereum

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Solana NFT Sales Skyrocket, Eclipses Ethereum

Solana’s recent success has led to a significant increase in NFT sales volume, surpassing that of Ethereum in December 2023. According to CryptoSlam, Solana NFT sales reached $366.5 million, compared to $353.2 million on Ethereum.

This figure is based on the network’s all-time high of $373.5 million in October 2021. The total of $366.5 million in trades nearly matched the network’s all-time high of $373.5 million in October 2021.

Solana also saw double the number of unique buyers and sellers in December, with about 218,000 sellers and 279,000 buyers across nearly 6.6 million NFT transactions. This is significantly higher than Ethereum’s 114,000 sellers and over 143,000 buyers across 698,000 transactions.

(With inputs from Shikha Singh)

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