Solana’s [SOL]Non-fungible Token [NFT] ecosystem flashed concerning signals over the last week as it registered a decline. According to Dune Analytics, Solana NFT Marketplace’s daily active users have been on a constant decline since the first week of February. The same trend was shown in Santiment’s chart as Solana’s total NFT trade count and trade volume declined in the last 30 days.

Source: Santiment

Read Solana’s [SOL] Price Prediction 2023-24

Interestingly, despite registering a decline, Solana remained just behind Ethereum [ETH] in the list of the top blockchains in terms of NFT sales in the last 30 days, with a sales volume of $97 million.

<p lang=«en» dir=«ltr» xml:lang=«en»>Top 10 Blockchains by NFT Sales Volume Last 30D Read more on ambcrypto.com

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About this in other media

What is NFT rarity, and how to calculate it? cointelegraph.com /1 year ago

Bitcoin NFT auction nets $16.5M in 24 hours: Nifty Newsletter, March 1–7 cointelegraph.com /1 year ago

Solana’s NFT landscape is expanding significantly- what’s more to come ambcrypto.com /1 year ago

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Solana: NFT ecosystem declines while SOL struggles, more inside

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