The first million-dollar NFT sale took place today in Solana, which has recently broken record after record with the influence of NFTs.
An NFT from “The Degenerate Ape Academy NFT” collection, 5 thousand 980 LEFT sold in exchange. At the current price, this amount corresponds to 1.1 million dollars. This sale was also recorded as the largest NFT sale on a chain that rivals the Ethereum blockchain.
— Moonrock Capital (@MoonrockCapital) September 11, 2021
Moonrock Capital bought NFT 7225 of the collection. The London-based blockchain consulting and investment firm has been closely involved with the NFT world for some time now. The company has invested in CoinBurp, which aims to become the Coinbase of NFTs, in the past months. Moonrock also bought another NFT from the “SolPunks” NFT collection, which is also in the Solana chain, a few hours after the first Solana NFT purchased today. The company paid 1388 SOL, or 257 thousand dollars, for this NFT.
The SOL price, on the other hand, peaked above $193 on the day of the first million-dollar NFT sale on Solana. SOL recently hit the highest level in history with $216.
Risk Disclosure: The articles and articles on Arover.net do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies.