๐ Surge in NFT Trading Volume on Solana! ๐
Solana's [SOL] NFT trading volumes have skyrocketed, outpacing both Bitcoin [BTC] and Ethereum [ETH] in the last month! ๐ This surge isn't from blue-chip collectibles like Mad Lads or Solana Monkey Business, which actually saw price drops. Instead, the growth is driven by new, lesser-known NFTs, indicating a vibrant and expanding ecosystem. ๐ฑ
๐ Key Points:
New NFTs: Fresh projects are fueling the volume.
DEX Decline: Despite a drop in decentralized exchange (DEX) activity, Solana's Total Value Locked (TVL) remains stable.
SOL Price: SOL has dipped by 26.59% since April but is showing signs of stabilization.
Stay tuned for more crypto insights! ๐
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