18/09/2023 Solana's #1 NFT Marketplace Beats Whole NFT Industry on Ethereum

Solana's #1 NFT Marketplace Beats Whole NFT Industry on Ethereum

Solana's leading NFT marketplace is making waves, boasting nearly as many daily traders as allEthereum-based NFT platforms combined. This is not just a fluke; it is a testament to the unique synergy between Solana's user-friendly, cost-effective blockchain and the ever-popular world ofNFTs.

Why is this a big deal?Solana'sblockchain is not just fast; it is also incredibly accessible. Combine that with NFTs, which have a universal appeal, and you've got a recipe for mass adoption. While Ethereum's NFT marketplaces are still performing well, the sheer volume of activity on Solana's top NFT platform should make anyone sit up and take notice.

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Now, let's talk numbers. Solana's current total value locked (TVL) stands at approximately $306.8 million, according to DefiLlama. This robust DeFi landscape adds another layer of allure to Solana's NFT marketplace, making it a one-stop-shop for all things crypto.

As for Solana's price performance, the latest data shows that one SOL is valued at around $18. While this might not be its all-time high, the coin has shown resilience and potential for growth, especially considering the anti-FUD measures Solana influencers are taking in order to battle the effect of the upcoming FTX liquidation.

But let's not get carried away.Ethereumhas its strengths, and its NFT marketplaces are far from obsolete. However, the rapid rise of Solana's NFT platform is a wake-up call. It is a vivid reminder that the crypto space is ever-evolving, and what's hot today might not be tomorrow.

So, what is the takeaway? Solana and its NFT marketplace are a force to be reckoned with. They have tapped into a formula that combines speed, low costs and mass appeal. And while Ethereum will continue to be a major player in the NFT scene, it might just have to share the spotlight with Solana for a while.

Arts

https://u.today/solanas-1-nft-marketplace-beats-whole-nft-industry-on-ethereum?amp

Interesting NFTs
Ethboy
Young Vitalik takes on the role of Picasso’s son Paulo dressed as Harlequin in this artwork but the octahedron Ethereum logo replaces the chequered pattern of the original jester outfit. Leaning against a large chair, the boy genius fiddles with his fingers in a somewhat nervous manner; nevertheless, he stares directly at the viewer with what appears to be a confident, ‘Mona Lisa-like’ smile. Vitalik has no idea what the future has in store for him, but he’s prepared to face any obstacle ahead as he begins life's adventure.
FahFuu
What's up! My name's FahFuu. I once peed on Martin Luther King Jr.'s cat. They had it coming. I was voted most likely to work at NASA in college. Let's get busy!
Christmas Sleigh
First Christmas-themed Visual Toy. For this work the artist has created a fantastic sleigh, ornamented in detail and with all the Christmas spirit that transports us to childhood, illusion, innocence. With its gift wrapping machinery, its Santa, a snow globe, the nutcracker, the European-style village and its soundtrack (first time with music) it is a whole Christmas mosaic for the imagination.
Genesis
José Delbo sent me his striking pencil sketch and powerful inked work, which I then interpreted in oil on canvas. I wanted to create a very painterly piece with obvious brush marks etc, but I was also aiming for a nostalgic feel, a kind of 1980’s superhero comic book look, the kind I grew up with. My goal with this animation was to try to recreate, in part, the creative process that both artists went through with the visual information I had. I was able to showcase my painting process more accurately as I could take photographs of my progress throughout. Consecutive images could then be layered like brush strokes over José’s drawing to create the impression that this was one continuous artwork from pencil, to ink, to completed painting. The representation of the line sketch at the beginning, then pencil/ink and lastly the paint layers being applied demonstrate both artists’ struggle for the right lines, tone, form, and colour until the work is finally completed. As the oil was still wet with each photograph the glare of my studio lights can be seen in the brush strokes. Eventually, the figure emerges and as it does, our hero comes to life, looking directly at the viewer -- but is he grimacing in approval or disgust? We will never know for sure as just before he can say anything, white paint is brushed across the canvas entirely and the process begins again. Only the bat is quick enough to escape.
#3401
By OthersideDeployer