Solana NFTs Cracks $5 Billion In Sales
Latest News News

Solana NFTs Cracks $5 Billion In Sales

  • Solana’s NFTs sales volume surged past $5 billion in all-time trade activity, showing massive growth.

The Solana NFTs have reached a new milestone, surpassing $5 billion in total all-time sales volume according to data from CryptoSlam. 

This massive figure reflects the explosive growth of Solana’s NFT ecosystem over the past year.

After facing struggles between July and October 2023, with monthly sales volumes failing to crack $40 million, the market witnessed a dramatic turnaround in November. 

See Also: Solana’s ‘Hostage Dev’ Token Developer Taken Hostage To Pump Token Price

Sales jumped to $82 million that month and continued accelerating in December 2023 to $365 million – the second-highest monthly volume ever behind only October 2021’s $373 million peak.

This momentum continued in 2024 too, with January ringing up over $239 million in sales. Over the last 9 months, Solana’s NFT trading has exceeded $1 billion.

The blockchain now hosts over 2.2 million buyers and 1.6 million sellers who have completed nearly 43 million transactions. 

This growing community and deep liquidity have fueled Solana’s rise to become a top NFT ecosystem.

Disclaimer: The information provided is not trading advice. holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

#Binance #WRITE2EARN

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.