• Solana’s NFT ecosystem has been displaying some promising development.
• Solana introduced that its NFT transaction quantity has reached a brand new all-time excessive.
• SOL noticed a 1.52% improve in worth during the last 24 hours.

Solana (SOL) has been having a tough few weeks following the FTX meltdown, and has slowly been fading from the highest ten record of the most important cryptocurrencies. Nevertheless, Solana’s NFT ecosystem has been displaying some promising development.

During the last week, a wide range of new NFTs had been listed on Solana, together with Panda, Pixel Boy, ACF, Moo Doo, and Claynosaurz. Along with this, Solana’s NFT transaction quantity has additionally made some notable progress. Just some hours in the past, Solana introduced on its Twitter web page that its NFT transaction quantity has reached a brand new all-time excessive.

Sadly, Santiment’s information on Solana was not as constructive. In keeping with the market intelligence platform, SOL’s complete NFT commerce rely quantity in USD noticed a decline during the last week.

These new developments had a constructive impact on SOL within the quick phrases. The crypto market monitoring web site, CoinMarkeCap, signifies that SOL noticed a 1.52% improve in worth during the last 24 hours to now commerce at $13.88.

In the long run, issues are nonetheless not trying too nicely for SOL because the altcoin is at the moment within the pink by greater than 4% during the last week.

SOL’s 24 hour buying and selling quantity can also be within the inexperienced at the moment and now stands at $293,517,825 after a greater than 4% improve during the last day. The crypto additionally strengthened towards the 2 greatest cryptocurrencies available in the market, Bitcoin (BTC) and Ethereum (ETH) by about 0.08% and 0.30% respectively.

SOL is at the moment the fifteenth greatest crypto available in the market, with its market cap of $5,047,107,413.

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