- Solana NFT staples declined over the last 30 days and so did the count of daily active users.
- SOL, however, managed to perform well both on the price and metrics front.
A Twitter handle by the name Solana Legend recently posted a tweet that talked about the potential and capabilities of Solana’s [SOL] NFT ecosystem.
As per the tweet, Solana outperformed Ethereum in several aspects. This was something that could take the ecosystem to new highs.
One of the key advantages of Solana was its pricing. Solana is the most inexpensive chain to drop NFTs. For comparison, the cost of deploying smart contracts on Ethereum is around $5,000+, whereas it’s $30 on Solana.
0/ It’s a new era in NFTs 👇
Royalties went to 0 or optional on SOL’s main NFT marketplace @MagicEden before @opensea
A thread 🧵 on why Solana iterates faster than Ethereum and will drive a lot of native innovation and surpass the ETH NFT market
This trend has already started
— Solana Legend 🎒 (@SolanaLegend) February 18, 2023
Not only in terms of pricing, but Solana was also ahead of…