Solana on Fire: Flipping Ethereum in NFT Volume – Bullish or Bearish?
Solana is making headlines again! For the first time in history, its 24-hour NFT trading volume just surpassed Ethereum’s. Is this the flipping event we've been waiting for, or just a temporary pump?
📈 The Data Drop:
Solana: $28M+ in NFT volume (24h)
Ethereum: $25M+ in NFT volume (24h)
📈 The Data Drop:
Solana: $28M+ in NFT volume (24h)
Ethereum: $25M+ in NFT volume (24h)
This isn't just about DeGods and Mad Lads anymore. New collections are emerging daily, drawing liquidity and users away from the once-dominant ETH ecosystem.
This is a massive bullish signal for SOL. Lower transaction fees, faster speeds, and a growing artist community are proving to be powerful magnets. While Ethereum still dominates in total value locked (TVL) and blue-chip NFTs, Solana is rapidly carving out its niche.
⚠️ The Catch
Can Solana sustain this momentum? The network has faced stability issues in the past. However, recent upgrades have significantly improved resilience.
👇 What do you think? Is Solana’s NFT surge a true sign of strength, or just a fleeting moment in the spotlight?