Despite a drop in crypto prices in the second quarter , Solana remainedInterestingly, the price of SOL, at the time of writing, increased by 37.25% over the last seven days. However, in the previous 24 hours of press time, the layer-1 cryptocurrency registered a 5.83% growth.Leading Solana NFT data platform Solana Floor reported that most collections had not improved significantly. Investors would most likely have expected an uptick in sales, volume, or floor price.
Traders on major marketplaces have also reduced. MagicEden stood at a 6.64% decrease, and Solanart at a 66.67% fall off.Despite the dismal performance of Solana NFTs, the open-source blockchain continues to partner with other NFT projects.Join the Solana Foundation Treasure Hunt to collect Dopamine NFTs and redeem them at the Solana Compound for VIP passes, swag, and more!
Source: News Formal (newsformal.com)
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