Solana is one of the most amazing blockchains for NFTs, and for a considerable amount of people, it is the NFT of choice; here’s why this company has a cause to celebrate in April
Solana: Exceptional Q1 traction
Saying that Q1 2022 was remarkable for Solana would be an understatement; a considerable amount of planned activities and goals the company set are being achieved.
In fact, it’s almost impossible to go a week without hearing about positive news from this blockchain ecosystem.
The acceptance by OpenSea is a big boost for the company, and once Solana NFTs are made available on OpenSea, it’ll help this platform expand its horizons like never before.
Solana first gained public acclaim for being an “alternative” to Ethereum; people were tired of the slow transaction speeds, exorbitant gas fees, and unreliability of the Ethereum blockchain leading to massive adoption of alternative blockchains like Solana.
As Solana progresses, the blockchain is quickly evolving from an alternative to Ethereum to a blockchain that creators and consumers actively seek out because the product is impressive.
In September 2021, Solana recorded its first million-dollar transaction when an NFT from the “Degenerative Ape Academy” sold for more than $1 million.
Solana in the Billion Dollar Club
There’s a reason why when a project or blockchain records its first million, 100 million, or billion-dollar transaction; it gets a lot of press coverage.
We’re living through a reality that would have been unbelievable to fathom three years ago, and each time a groundbreaking transaction takes place, people want to learn about it.