Solana (SOL) blockchain sees million-dollar NFT sale for the first time
Blockchain firm Moonrock Capital has acquired one of the Degenerate Ape Academy NFTs for 5,980 SOLs ($1.1 million).
The NFT, named Degen Ape #7225, is the 13th rarest species in the collection, according to HowRare.is.
Although Degen Ape #1674 was available at Solana before, which sold for 7,000 SOL, it did not manage to exceed the $1 million mark due to the SOL’s value at the time. Degen Ape #7225, on the other hand, exceeded the 1 million dollar threshold for the first time.
The development of NFTs continues. NFT sales, most of which took place on the Ethereum (ETH) blockchain in the first place, started to shift to other platforms due to high fees. Solana seems to have had her fair share of that too.
The price of Solana’s native token SOL also continues to rise. The asset, which managed to exceed $ 200 in less than a week from $ 100 value, has also solidified its place among the top 10 cryptos. The asset is trading at $187.54 at the time of writing, according to Coinmarketcap data.
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