Solana NFT marketplaces have proven to be one of the fastest growing NFT marketplaces, after their number of users skyrocketed to 250,000 traders in just the months of April and May. This is according to data from Dune Analytics.
Solana NFTs Making Rounds As A Big Game Player
A key moment in the NFT world was perpetrated by Solana and Moonbirds. April recorded a 23% increase from available data in March which saw $6.3 billion made in Solana NFT trading volume during the month.
In a monthly report from DappRadar, that was just the third time the trading volume was in excess of $6 billion.
With almost $300 million made in sales of NFT, Solana NFTs contributed about 0.0047% to the total trading volume, and struck a monthly increase of 91%.
Solana (SOL) has gained in its place as one of NFT’s key players due to its performance speed, low gas fees and security. Its big status is further confirmed by its record of a large number of NFTs and projects spread across NFTs, Defis and even more.
