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Solana Blockchain now has over $2 billion in all-time NFT sales By BTC Peers

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Solana Blockchain currently has more than $2Billion in NFT sales

Despite the decrease in NFTs sales, it has still managed to hit a milestone with the June total of $2.35 trillion net sales.

It is encouraging news for the blockchain that Solana’s sales record has broken, after its native SOL token saw its market cap drop by $14 billion. Solana ranks third in terms of volume sales behind Ronin, and.

Solana, which facilitates NFTs, has steadily grown over the last year. It has a greater all-time sale volume than Flow (Polygon), WAX (, Palm), Tezos and Waves (BSC), Panini (Panini).

Solana has a strong reputation as a blockchain platform due to its low transaction fees and high speed. The touted “Ethereum killer” continues to compete among the best smart contract-backed platforms and is one of the few protocols to provide an answer to the three major blockchain challenges which are security, decentralized, and scalability.

Cosmic Condos is a popular Solana-based NFT.

Despite its increasing usage, Solana has experienced several outages in the last year. This has prompted developers to come up with an upgrade that will prevent the network from halting in case the same “durable nonce transaction processing error” occurs.

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