Thursday, July 31, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Solana Beats Them All In Daily NFT Sales – Becomes The Leading NFT Blockchain

by SB Crypto Guru News
July 1, 2024
in Bitcoin
Reading Time: 4 mins read
0 0
A A
0


Join Our Telegram channel to stay up to date on breaking news coverage

The non-fungible token market is back in action after more than two months of agony, with non-fungible token collections created on Solana and Polygon leading the market resurgence. Solana has today overturned the tables to become the leading blockchain network in the NFT ecosystem.

Solana Becomes The Leading NFT Blockchain

Data fetched by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer, shows that non-fungible token collections created on Solana have made a huge comeback today. In the past 24 hours, Solana-based NFT collections have amassed a trading sales volume of $5.07 million, representing an 83% surge from the past day.

Solana

Solana is an open-source blockchain that supports smart contracts, including non-fungible tokens and a variety of decentralized applications. Today, Solana-based digital items have exploded in trading sales volume, making Solana the leading blockchain network in the NFT ecosystem. It’s the first time Solana has taken over the NFT market dominance.

In the past 24 hours, Ethereum has been the second most-traded blockchain network, following Solana closely with a non-fungible token trading sales volume of $4.3 million. Polygon, an Ethereum scaling blockchain network, ranks third with a trading sales volume of $4.2 million. During this time, Ethereum and Polygon NFT trading sales have surged 20% and 49%, respectively.

The former non-fungible token market general, Bitcoin, ranks fourth, with just a trading sales volume of $1.5 million. In the past 24 hours, Bitcoin-based non-fungible token sales volume has reduced by 34% from the past day. Bitcoin lost its market hype earlier this year, shortly after the halving event.

Factors Driving Solana NFT Growth

In our short analysis, we have identified some factors that caused Solana to record a sudden surge today. Among several factors that have fueled Solana’s growth include the sudden surge in its flagship non-fungible token collection, Mad Lads. In the past 24 hours, Mad Lads has seen its trading sales volume pumping over 68% to $1.3 million.

Mad Lads

Launched in April 2023, Mad Lads is a non-fungible token collection from the Solana infrastructure development project Backpack that features a limited edition of 10,000 NFTs hosted on the Solana blockchain network. Today, Mad Lads ranks as the top-selling NFT collection, outpacing other dominant NFT collections such as Bored Ape Yacht Club and Milady Makers.

Related NFT News:

PlayDoge (PLAY) – Newest ICO On BNB Chain

PlayDogePlayDoge
  • 2D Virtual Doge Pet
  • Play To Earn Meme Coin Fusion
  • Staking & In-Game Token Rewards
  • SolidProof Audited – playdoge.io

PlayDogePlayDoge


Join Our Telegram channel to stay up to date on breaking news coverage



Source link

Tags: BeatsBitcoin NewsblockchainCrypto NewsCrypto UpdatesDailyLatest News on CryptoleadingNFTsalesSB Crypto Guru NewsSolana
Previous Post

Hawaii Wraps Up Sandbox: Crypto Firms No Longer Need State Money Transmitter Licenses

Next Post

Can It Break Through the $30 Barrier?

Related Posts

Charles Hoskinson Backs ADA as Bitcoin’s DeFi Layer: Is Cardano Set to Outperform BTC?

Charles Hoskinson Backs ADA as Bitcoin’s DeFi Layer: Is Cardano Set to Outperform BTC?

by SB Crypto Guru News
July 31, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Cardano founder Charles Hoskinson has made one...

[LIVE] July 31 Crypto Updates – Bitcoin Holds $118K as Powell Freezes Rates Despite Trump’s Pressure: Best Crypto to Buy Now?

[LIVE] July 31 Crypto Updates – Bitcoin Holds $118K as Powell Freezes Rates Despite Trump’s Pressure: Best Crypto to Buy Now?

by SB Crypto Guru News
July 31, 2025
0

The crypto market saw another tense session on Wednesday as Bitcoin briefly dumped to $115,000 before recovering hours later back...

XRP Price Consolidation Deepens – Resistance Still Capping Upside

XRP Price Consolidation Deepens – Resistance Still Capping Upside

by SB Crypto Guru News
July 31, 2025
0

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms...

Ripple: Tokenized Assets to Approach T by 2033—90% of Finance Leaders See Massive Blockchain Impact

Ripple: Tokenized Assets to Approach $19T by 2033—90% of Finance Leaders See Massive Blockchain Impact

by SB Crypto Guru News
July 31, 2025
0

A new Ripple report reveals global banks are rapidly shifting to blockchain, forecasting a $19 trillion tokenized asset explosion as...

Ripple CEO Debunks SWIFT Partnership, XRP To Dramatically Change Payments Infrastructure

Ripple CEO Debunks SWIFT Partnership, XRP To Dramatically Change Payments Infrastructure

by SB Crypto Guru News
July 30, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple CEO Brad Garlinghouse has made it...

Load More
Next Post
Can It Break Through the  Barrier?

Can It Break Through the $30 Barrier?

Potential Bitcoin (BTC) Price Rebound May Face Resistance at K, OnChain Analysis Shows

Potential Bitcoin (BTC) Price Rebound May Face Resistance at $65K, OnChain Analysis Shows

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.