Solana NFT sales gain pace after quiet OpenSea listing

Solana non-fungible token (NFT) sales have risen by more than 60% in the 24 hours coming into Monday morning Asia time after leading marketplace OpenSea added support for the network mid-last week.

See related article: Solana NFT sales drop by 21% after OpenSea integration

Fast facts

  • This marks a reversal of fortune for Solana-based NFTs after sales volumes dropped by more than 20% in the 24 hours following the OpenSea adoption.

  • Solana NFT sales exceeded US$8 million over the last 24 hours, according to CryptoSlam.

  • DeGods, SOLgods and Astrals have been among the most popular Solana collections on OpenSea, transacting almost US$2 million in sales volume.

  • OpenSea confirmed the upcoming support for Solana NFTs late last month, sending the price for the native currency of the network, SOL, soaring 30% in the following days to a three-month high of US$143.

  • It has since retreated to US$111.

  • Ethereum remains the primary network for NFT sales, transacting close to US$50 million in the past 24 hours, which was down 15% over the previous 24-hour period of weekend trading.

See related article: OpenSea’s Solana NFT integration, long rumored, is now real