Ethereum boasts of being the home and origin of all big blue-chip NFT collections. Although, this fast-paced industry competitor blockchains like Solana are not far behind. In fact, it has turned out to be a perfect host for NFT collectors and creators alike. The marketplace boasts super-fast transactions and minimal gas fees.
According to DappRadar data, three of the top ten dapps on the Solana blockchain in the past month are NFT marketplaces. Magic Eden, a Solana-based NFT marketplace saw an influx of new users over the past thirty days.
Overall the NFT marketplace registered around 2 million transactions in the past 30 days. OpenSea accounts for 99% market share in the Ethereum ecosystem. Whereas, Magic Eden still only has about 77%, with
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