NFT token sales at Solana are growing rapidly

Sales of NFTs on the Solana network (developed by its creator Anatoliy Yakovenko) have started to grow and reached a new local maximum. Experts attribute this to the general recovery of the cryptocurrency market.

However, despite the growth of Solana-based NFTs, the activity of the native SOL coin has not changed. Since the end of January, Solana has lost more than 20% of its value. This stands out in contrast to the growth of other popular altcoins such as Shiba Inu and Cardano.

The relative stability of SOL also indicates that the NFT market is still in a recovery phase.

Earlier, some collections were lured from the Solana blockchain to the Polygon blockchain with the help of financial bonuses. But at the end of January, Solana’s capitalization exceeded Polygon’s.