MadLads on Solana: Decoding its success and role in boosting SOL
. The surge in sales helped Solana become the second-highest blockchain for NFT sales volume, with over $5 million in sales and 25,000 transactions, trailing only behind Ethereum.According to data from Crypto Slam, the latest development has positively impactedmetrics. Based on the data from Santiment, the total sales volume of NFTs in USD has been increasing sharply since March.
A glance at the chart revealed that while there were some sporadic activities, sales have significantly surged in recent weeks. As of 22 April, the recorded sales exceeded $14 million and as of this writing, they have surpassed $3.9 million. To put this into perspective, the highest sales in the last ten months before the March spikes were only $7.01 million.Additionally, in a promising turn of events, the number of unique addresses that purchased NFTs worth over $100,000 onAs of this writing, only one such address was recorded. But on 22 April, the number jumped to 19 and it peaked at 35 on 13 April. Also, this trend signifies a shift from the previous status quo of NFT sales, and it is a positive development worth noting.
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