• Solana’s NFT ecosystem has been growing over the last few weeks, with metrics looking positive and an increase in Solana’s TVL.
• On 22 January, Solana [SOL] re-entered the top 10 club after several tough weeks of price decline.
• Recently, Solana Mobile introduced the new Saga Pass Cards which could help further grow Solana’s NFT space.
Solana has been on a steady rise lately, entering back into the top 10 club after several tough weeks of price decline. Metrics have been looking positive, with an increase in Solana’s TVL, and its NFT ecosystem has been witnessing growth as well.
Recently, Solana Mobile introduced the new Saga Pass Cards, which could help further grow Solana’s NFT space. In the official announcement, Solana Mobile mentioned that each week, they would introduce new cards into rotation. The first card would be available only to OG Saga Pass holders, and every week until launch, Solana Mobile will deal a random card to the user’s wallet. Moreover, SOL also revealed that the Saga Pass Cards collection will be verified on MagicEden soon.
Interestingly, SOL’s commendable performance in the NFT space was yet again proven a few days ago, as it ranked second on the list of the top chains by NFT trade volume in the last 30 days. Santiment’s data also told a similar story as SOL’s total NFT trade counts and total NFT trade volume in USD spiked last week.
Solana’s price action followed the growth of its NFT ecosystem, as the former increased by nearly 5% in the last seven days. As per CoinMarketCap, at the time of writing, SOL was trading at $24.68.
Overall, Solana’s NFT ecosystem has been growing steadily, and the introduction of the new Saga Pass Cards could help further fuel this growth. With SOL’s metrics looking positive and its re-entry into the top 10 club, it looks like the near future is bright for Solana.