Solana's On-Chain NFT Transaction Volume Rises to Second Place

Cryptoslam.io data shows that last week, NFT transaction volume decreased by 12.26%, totaling $463.87 million. The number of NFT buyers increased by 72.05%, and sellers increased by 56.61%.

Despite a 13.71% decrease from the previous week, Bitcoin's on-chain NFTs still led the chart with a weekly transaction volume of $265.61 million, accounting for 57.25% of last week's total NFT transaction volume. Solana's on-chain NFT transaction volume ($88.42 million) moved to the second position, while Ethereum's on-chain NFT weekly transaction volume ($75.91 million) dropped to third.

Among the top ten NFT series by transaction volume in the past week, nine were from the Bitcoin chain. Solana's on-chain NFT series, Open Solmap, with a weekly transaction volume of $10.24 million, ranked fifth.