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Did Solana actually surpass Ethereum with 136% higher NFT volume
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According to a recent retweet by Santiment, it seems that the volume of Solana-based NFTs exceeded that of Ethereum. Well, in reality, the volume differs with a tiny yet critical factor.
The volume charted in the tweet is not calculated in USD but in the blockchain’s native token. Thus, despite Ethereum observing only 550k ETH worth of NFT transactions, the total volume exceeds $550 million. However, 1.3 million SOL worth of NFT transactions, only amounts to $43.39 million.
<p lang=«en» dir=«ltr» xml:lang=«en»>NFT volume Read more on ambcrypto.comAbout this in other media
Analyzing XRP’s dismaying performance despite a surge in its trading volume ambcrypto.com /1 year ago
CryptoPunks tops weekly charts as it surges by 558% amid a recouping NFT market ambcrypto.com /1 year ago
NFT volume sees yearly low in June, but first-time buyers remain consistent cointelegraph.com /1 year ago
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