Solana (SOL) is now the fourth-most fashionable blockchain by way of non-fungible token (NFT) gross sales quantity.
In response to information aggregator CryptoSlam, Solana’s NFT gross sales are the fourth-largest by quantity. Main the pack is Ethereum, adopted by Ronin (a sidechain developed for the Axie Infinity play-to-earn recreation) and Worldwide Asset eXchange (WAX).
At time of writing, Solana’s whole NFT gross sales since August stand at over $498 million. NFT gross sales on Solana hit an all-time excessive on August thirty first after they reached a every day quantity of round $37.7 million. The variety of consumers hit a every day report of 6,521 on October eighth.
The most important assortment of NFTs on the Solana blockchain is the Degen Ape Academy sequence of ape digital collectibles. To this point, the Degenerate Ape Academy has bought ape NFTs value about 986,300 SOL, or almost $227 million. At time of writing, SOL is buying and selling at about $230, based on CoinGecko.
Solana’s rise to the fourth place by NFT gross sales quantity on its blockchain coincides with SOL overtaking the Cardano (ADA) cryptocurrency by market cap.
Solana’s market cap is $69.4 billion whereas Cardano’s sits at $66.9 billion, based on CoinGecko. Solana is now the fifth-largest cryptocurrency by market cap with Cardano one place behind. Cardano is buying and selling at $2.08 at time of writing, down by over 30% from its September all-time excessive.
During the last 12 months, Solana has surged by about 15,500% whereas Cardano has gone up by 2,145%.
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