NFT Monthly Sales Top $947M as Solana SOLIDIFIES Ground on Ethereum
Written by
Kasper Kaminsky
Published on
November 12, 2022
Time reading
1 minute
With some of the usual typical fluctuations in the ever-moving Crypto currency trade news market, there is another big milestone affecting the value and future of one of its biggest, most prized coins.
NFT Monthly Sales Top $947M as Solana Gains Ground on Ethereum makes sense and here;s why it matters as well, according to experts.
Amid the current crypto market downturn, overall NFT sales volume remained largely flat in September. But while overall volume seems to be poised to, at least for some time, stay stagnant, individual NFT sales are though keeping up the volume and offer, high value NFTs on Ethereum are still selling, and Solana NFTs are gaining steam. All in all, $947 million worth of NFT trading volume was recorded in September, according to data from DappRadar—and that figure specifically excluding speculation trade attempts. That compares to $927 million in August and almost $916 million in July. June was the last month to crack the billion-dollar mark at $1.03 billion.
Is this the next big global update affecting the long term for this currency? Stay tuned to future news on the topic.
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