Solana Hits New Volume As Its NFT Sold For $2 Million

Solana Monkey became the first NFT to be sold on the Solana network, and it was valued at $2 million. Solana price is $171.76 today with a 24-hour trading volume of 2,907,239,876. Analyzing the last 24 hours, Solana price is down -2.4%. Solana Monkey Business is in limited quantity. Due to its scarcity, this product is extremely sought after. These monkeys are by far the most valuable types of NFT being sold on Solanalysis right now.

Solana is a blockchain that has been built around the world. Its developers claim that it’s the fastest-growing ecosystem in crypto. Its decentralized nature and support for development make it a great alternative to Ethereum. Solana is a blockchain with advanced functions that allow the creation and exchange of decentralized applications. Solana is building its blockchain based on the Proof of History (PoH). This feature is used to verify the passage of time between events. A Proof of Stake consensus mechanism is then used to confirm the current sequence.