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Solana NFT sales up 77% in September despite sluggish quarter

source-logo  forkast.news 04 October 2022 13:14, UTC

Non-fungible token (NFT) sales on Solana surged in September despite a sharp decline in the overall trading volume of NFTs in the third quarter. 

See related article: Instagram, Facebook users in 100 countries can crosspost NFTs: Meta

Fast facts

  • Solana NFT sellers pocketed more than US$126 million in September, a 77% month-over-month increase, according to data from CryptoSlam.
  • Solana’s September NFT sales surge comes as overall sales of the unique assets fell for the fifth consecutive month, recording the lowest monthly sales since July 2021. 
  • Ethereum, the most popular blockchain for NFTs, recorded around US$320 million in September NFT sales, a 36% drop from the previous month, 
  • More than US$13 million worth of y00ts mint t00b NFTs were sold in September, making it the most popular collection in Solana over the month. 

See related article: Warner Music taps OpenSea NFT marketplace to guide artists to Web3

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