Home Latest News Solana NFT collections and everything latest you need to know – AMBCrypto...

Solana NFT collections and everything latest you need to know – AMBCrypto News

Australian senator drafts bill for crypto regulation- Details inside
ADA holders needn’t sell themselves short because Cardano released…
ATOM bears take over a short bull party- Decoding ‘why’
Ethereum’s short-term support checked, what’s next for ETH now
STEPN: Should users ‘ready-set-go’ for more declines in the near-term
Bitcoin [BTC] may be at the tail end of something, but does this warrant caution too
Bitcoin (BTC) Price Prediction 2025-2030: Is BTC’s $937K by 2030 target even possible?
Bitcoin: Merge renders ETH less of a cryptocurrency as per this BTC maximalist
Bitcoin [BTC]: Heavy coin inflow into exchanges suggests rally in sell pressure
Bitcoin: Despite spot-market bloodbath, BTC’s OI represents a ‘healthy’ picture
Ethereum’s short-term support checked, what’s next for ETH now
Ethereum (ETH) Price Prediction 2025-2030: How realistic is $50K after the Merge?
How did Lido Finance [LDO] do, before and after Ethereum’s Merge
Ethereum: Is the Merge nothing more than another “sell-the-news-event”
ETHW: 90% miners may go bankrupt as forked network sees a rocky start
Solana has come into September on the back of sustained growth. One of the growth aspects has been observed in the Solana-based NFT collections.
Magic Eden reported in a recent tweet that it has reached a total of 25 million SOL volumes. It also saw a 300k SOL volume in the past day as well. These statistics show the gradual growth of Solana NFTs.
Solana Daily compiled a list of the top-performing NFT collections on the network in the past seven days. As per the update, DeGods was the top NFT collection on Solana with a sales volume of $3.1 million over the past week. It was followed by the ABC collections which generated $1.8 million.
Source: Solana Daily
The growth of DeGods in the previous 30 days has not gone unnoticed as we look deeper into the collection. It has shown a staggering 217% jump in sales volume during this period according to CryptoSlam.
The collection accumulated over $6.36 million and remains the top-performing Solana NFT collection on the 30d chart.
Source: CryptoSlam
Notably, the NFT market has been suffering in the past few weeks with low demand and token volatility as major causes.
One blockchain expert claimed that NFT floors are likely to fall as a result of Bend DAO liquidation. He further stated that the “NFT market is dry rn (right now)”.
This makes Solana’s performance all the more fascinating for users. CryptoSlam also concedes that Solana generated over $61.45 million in the past month.
This has helped the network to retain the third spot on the NFT blockchain leaderboard by sales volume. It still ranks behind Ethereum and Polygon on the charts but recent signs are nothing but encouraging right now.
Despite these little victories, Solana is on the losing end of the battle. The bearish headwinds on 7 September led to a 5.10% dip in SOL prices.
This puts the SOL at great risk as it meanders through the market bears. According to CoinMarketCap, SOL was trading at $31.21 at press time.

Fantom: Assessing the chances of a 20% plunge in September
Litecoin [LTC]: Your take-profit targets can be a revisit of this area
Kanav is a journalist at AMBCrypto. He has a Masters in Media and International Conflict and is interested in areas of digital society, crypto developments in the political sphere and the socio-cultural impact of a crypto-society.
Magic Eden becomes the latest to join NFT royalty debate
Solana sees integrations with multiple wallets; what could be in store next?
Solana NFTs reach this minting milestone to leave investors in awe
Solana [SOL] traders going long are unaware of this important info
Polkadot [DOT] investors should be aware of these updates before pulling out
Why Solana [SOL] may not be in the clear despite its 13% rally to the $30 range 
Your email address will not be published.

document.getElementById( “ak_js_1” ).setAttribute( “value”, ( new Date() ).getTime() );

Disclaimer: AMBCrypto’s content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.


Previous articleThe iPhone 14 Pro is the one I’m buying — here’s why – CNN Underscored
Next articleApple releases new round of public betas for iOS 16, tvOS 16, watchOS 9, iPadOS 16.1 – AppleInsider
An Open Source activist, who pursues his passion for tech blogging. In early years of his life, he worked as market analyst for a number of companies. Martin has been writing reviews and articles for a local magazine for last five years.