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Neal Benches SHAQ.ETH, Twitter Handle Now Says SHAQ.SOLS -Breaking

by Mike Robinson

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Neal Benches SHAQ.ETH. Twitter Handle Now SaysSHAQ.SOLS
    • The former basketball player Shaquille O’Neal changes his Twitter (NYSE:) bio to Shaq.sol.
    • A recent tweet by the NBA player also included his first NFT.
    • The number of Solana NFTs is increasing to $1B.

The former basketball player and NBA star Shaquille O’Neal, known commonly as Shaq, changed his Twitter bio from SHAQ.ETH to SHAQ.SOL, while he mentioned in a tweet that it “got a nice ring to it”.

As the star showed his support to Solana coin, which is also known as one of the “ killers,” he also tweeted saying that he just received his first Solana NFT and ending the tweet with “Welcome Shaq-a-Cat!”

Star only mentioned this via Twitter. No clue has been given as to why the shift from Ethereum into Solana. However, this has clearly affected Solana’s NFT numbers. As reported by Spencer Noon, the number of NFT launches on Solana “has skyrocketed, with more than 8 million total NFTs being minted using Metaplex.”

Magic Edin is also included in the report.

An NFT market leader built upon Solana. This ecosystem facilitates low-cost, high-frequency NFT trading. It recently exceeded $1bn in volume.

In other words, and if you compare the development Magic Edin has made to the world’s largest market space OpenSea, you can notice that the average daily transaction per user has grown up to three times higher on Magic Edin.

OpenSea is now holding almost 94% of Ethereum’s market. However, Magic Eden has maintained an 86% share. Solsea, Solanart, and Solsea are the other big projects. Magic Eden is still a success because of the lower transaction fees that Solana charges.

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