NFTs built on the Solana blockchain have reached a significant milestone, surpassing $5 billion in total sales volume according to data from CryptoSlam on Feb. 23. The blockchain boasts over 2.2 million buyers, 1.6 million sellers, and approximately 43 million NFT transactions.
After a period of decline, Solana NFTs experienced a resurgence starting in October 2023, with sales volume jumping 192% from $28 million to $82 million, reaching $365 million in December 2023.