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NewsBTC 2022-05-06 23:48:38

Moonbirds And Solana NFT Trading Volume Is On A Tear As Sales Rally 45%

NFT trading volume has been on a robust momentum since April and the pace is just right for May with Solana and Moonbirds NFTs such as Okay Bears triggering the increase in NFT sales volume since April. According to DappRadar, there is a monumental 45% climb in organic trading volume of NFTs in April in comparison to the previous months. Solana NFT trading has skyrocketed in April, as Moonbirds also proved to boost Ethereum trading. Suggested Reading | Bitcoin Seen Dropping To $32K – But Not This Month – As Analyst Sees It Hitting $48K NFT Trading Volume Climbing There has been a marked sluggishness in February and March, but NFT trading volumes have bounced back in April with a remarkable increase of 45%. There has been a halt for six weeks that transpired in mid-February with the NFT market. Thankfully, the trading volume improved in April. The main culprit for the recent increase in NFT trading volume points to Solana-based NFTs and Moonbirds. The NFT market has recorded an increase in monthly NFT trading volume at $6.3 billion in April. That is a growth spurt or jump of over 23% from March. Moobirds Now 11th Most-Traded NFT In History Moonbirds, a private or members-only collection, has generated around $500 million in trades which has helped with the recovery of the NFT market. To date, Moonbirds is now the 11th most traded NFT collection in history which has surpassed other NFT collections such as Cool Cats, Doodles...

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