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Solana Surpasses Ethereum in Daily DEX and NFT Sales Volume, NFT Sales Up 4.52%
Jun 30, 2024, 10:34 PM
Solana has recently overtaken Ethereum in both daily decentralized exchange (DEX) trading volume and 24-hour NFT sales volume. This shift marks a significant milestone for Solana, which has been gaining traction in the cryptocurrency market. The rise in Solana's DEX volume is notable, with some predicting that Solana may permanently maintain higher daily DEX trading volumes than Ethereum. Additionally, Solana's NFT projects, including Mad Lads, have seen substantial increases in sales volume, contributing to the overall rise in NFT market activity. Mad Lads reached 104 SOL, their highest floor since late April. NFT sales have risen by 4.52% this week, with Solana's NFTs leading in 24-hour trading volume. The recent updates and leaderboard changes on platforms like Tensor may have also contributed to the surge in NFT activity, with NFT volume up 100%.
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