Solana NFT volumes rise: Impact on SOL’s market performance

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 68%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The volume of NFTs on Solana surged, exceeding that of both Bitcoin and Ethereum. How will SOL be impacted by this?

ecosystem has been one of the most successful ecosystems in the crypto space over the past few months. One of the reasons for the same would be the high volume for Solana NFTs.However, the NFT volume wasn’t being driven by blue chip collections on the Solana network.

This indicated that the NFT volume was driven by new NFTs that were being created on the Solana network that haven’t gained too much popularity.However, Solana’s performance in other areas, such as the DeFi sector, is also important in determining how the protocol and its ecosystem do in the long run.

Since the 1st of April, SOL’s price declined by 26.59%. However, after reaching below the $161.28 level, the price of SOL started to consolidate.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 22. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인