Solana continues to fight for its place among the best smart contracts-backed platforms after reaching new milestones with regard to the biggest blockchains by all-time NFT sales volume.
Solana has been tagged as a potential Ethereum Killer after becoming one of the few protocols that have found an answer to the blockchain trilemma (security, decentralized, and scalability).
In a little over two years, Solana has become one of the go-to chains for non-fungible tokens (NFTs). According to Be[In]Crypto research, Solana had a total sales volume of around $2.35 billion, as of June 5.
This comes as a boost to the project after its native asset, SOL, tumbled by more than $14 billion in market capitalization in May.
The milestone puts Solana in third place behind Ronin and Ethereum.
With that said, Solana commands a higher all-time sales volume than Flow, Polygon, WAX, Avalanche, Palm, Tezos, Waves, Binance Smart Chain (BSC), and Panini.
What caused soaring Solana sales volume?
When...
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