Rising NFT Sales and Market Dominance of Ethereum and Solana

Monday, 15 July 2024, 22:02

The NFT market saw a 7% increase in sales volume, surpassing $109 million in total value. Despite the surge, the number of active traders in the market declined. Ethereum and Solana emerged as the top players, showcasing their dominance in the NFT space. This trend signals a shifting landscape in the digital asset market.
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Rising NFT Sales and Market Dominance of Ethereum and Solana

NFT Sales Surge

The NFT market recorded a 7% surge in sales volume, reaching over $109 million in total value.

Traders Decrease

Despite the sales increase, the total number of active traders participating in the market declined.

Ethereum and Solana Dominate

Ethereum and Solana emerged as the leading platforms, solidifying their dominance in the NFT market.

Shifting Landscape

This shift signifies a notable change in the dynamics of the digital asset sector.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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