Crypto News

Solana NFT Up for $2.1 million, Sets New Network Record

Solana

A collection of 5,000 NFTs mints on the Solana blockchain, An NFT from SolanaMonkeyBusiness. According to information, NFTs collections sells for 13,027 SOL equivalent to $2.1 million.

Arguably, this makes it the most expensive Solana-based NFT to date.

Solana NFT Up for $2.1 million, Sets New Network Record


The SolMonkey ranks #1355, making it the rarest NFT in the collection, according to the NFT rarity tool HowRare.Is.

It has a skeleton body (2.42% of SolMonkeys have this trait), an orange jacket (1.06%) and a bejeweled crown (0.02%).
Furthermore, this is big breakthrough seeing its the first Solana-based NFT to go for over $1 million in just three weeks ago.

Thereby, submitting further evidence that the Ethereum blockchain is losing its dominion over NFTs.
Mores so, Ethereum experiences a high transaction fees records on the blockchain since may this year.


Conclusively, this makes other users to set their consideration on alternative blockchains like the Solana. Currently, the native token, SOL is seeing an all-time highs around August. Also, surpassing $1 billion market capitalization on October 1.

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