Solana's on-chain NFT Sales Reach an Unprecedented Low in April 2024

Data from Cryptoslam demonstrated a new low for Solana on-chain NFT sales in 2024. Transactions totaling just over $150 million, precisely $153,304,602.45, were logged in April, the lowest revenue from sales in the year to date. In addition to the decline in sales, Solana's NFT transactions also dropped to the lowest level seen this year. Approximately 2.18 million NFT transactions were executed on the Solana blockchain last month. This includes around 250,000 independent seller addresses and an estimated 487,000 independent buyer addresses.