According to NFT data platform CryptoSlam, the total transaction volume of Solana (SOL)-based NFTs has exceeded $1.5 billion.
NFTs posted on Solana totaled over two million transactions with 314,910 buyers and 260,844 sellers.
Last September, an NFT from Degenerate Ape Academy broke new ground for Solana with $1 million in revenue.
In 2021, Solana gained immense popularity as a viable alternative to Ethereum due to its high transaction fees and relatively slow transactions.
According to data from CryptoSlam, Solana saw a 55.34% increase in NFT sales last week.
Banking giant JPMorgan claimed earlier this year that Solana could surpass Ethereum in the NFT issue.
Solana is trading at $134.42 at the time of writing, according to CoinMarketCap data.
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