On Feb. 23, the entire quantity of non-fungible tokens (NFT) gross sales on the Solana community exceeded the $5 billion mark.
In keeping with the CryptoSlam platform, the Solana blockchain has 2.2 million consumers, in addition to 1.6 million sellers of NFTs. On the similar time, the entire variety of transactions within the NFT route has virtually reached 43 million.
On the similar time, within the interval from July to October 2023, the amount of NFT gross sales on the Solana community didn’t exceed $40 million per thirty days. Nevertheless, in November final yr there was a big enhance within the variety of transactions. Gross sales quantity for this reporting interval reached $82 million. In comparison with October 2023, the determine elevated by 192%.
In subsequent months, the route continued to achieve momentum when it comes to gross sales. In January 2024, NFTs price $239 million have been offered on the Solana community. As of Feb. 23 2024, the determine is $161 million.
Over the earlier 9 months, gross sales quantity exceeded $1 billion. On the time of writing, a complete of $5 billion price of NFTs had been offered on the Solana community.
Final month, the amount of all transactions in Solana exceeded $951 billion. In comparison with the earlier month, the determine elevated by 30%. It was then $738.8 billion. Additionally in early 2024, the corporate stated that the variety of lively builders within the Solana ecosystem had ranged from 2,500 to greater than 3,000 month-to-month over the previous yr.