Solana is outperforming Ethereum in more ways than one.
Solana celebrates higher saily NFT sales volume over Ethereum.
SOL meme coins are also outperforming in the market as almost all tokens go green.
As the crypto market swerves towards bullish momentum, certain blockchain see more action than others. To highlight, Solana seems to be overtaking Ethereum in more ways than one. According to on-chain data, Solana has surpassed Ethereum in daily NFT sales volume.
BREAKING: @Solana surpasses Ethereum in daily NFT sales volume. pic.twitter.com/yr5V3tHeCv
— SolanaFloor (@SolanaFloor) July 1, 2024
According to the post above, SolanaFloor sheds light on the numbers. Specifically, Solana NFTs see sales volume of $6,931,107 this number is up by 149.64%. In contrast, Ethereum’s number is at $4,287,083 and is only up by 26.87%.
In a similar line of events, Solana is beating Ethereum when it comes to meme coins on their respective networks as well. In detail, the performance of SOL meme coins are outperforming that of Ethereum memecoins.
Things are looking green for $SOL meme coins this week.Which of these coins are in your bag?Track #Solana meme coins https://t.co/xy0uFl6O8l pic.twitter.com/aIkeNY0daV
— CoinGecko (@coingecko) July 2, 2024
As we can see from the tweet above, SOL meme coins are all in green signals pushing upwards into bullish rallies. It looks like SOL meme coins are having a great start to the week. Perhaps this performance will reflect on SOL price soon.
To specify, SOL meme coins have surged quite a significant amount in the last 7 days. For example, dogwifhat (WIF) is up by 20.3%, BONK is up by 16.9%, and BOME is up by 11%. Adding on, POPCAT is up by 45.5%, MEW is up by 18.7%, and PONKE is up by 35%.
Also following the bandwagon are WOLF up by 7%, MICHI up by 75.3%, SLERF up by 4.6%, WEN up by 36.4%, and BILLY up by 161.4%. The trend doesn’t stop here with MANEKI up by 12.6%, GIGA up by 261%, SC up by 28.8%, HARAMBE up by 79%, and BULL up by 47.1%.
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The post SOL Meme Coins Surge Bullish Green as Solana Outperforms Ethereum in Daily NFT Sales Volume appeared first on Crypto News Land.