Cardano NFTs grow from strength to strength – enough to flip Ethereum and Solana?

CardanoNFTs grow from strength to strength - enough to flip Ethereum and Solana?

. The upgrade, which was meant to enhance block latency speed and efficiency on the blockchain, propelled an increase in Unique Active Wallets on the blockchain. The report noted,

This metric shows the number of distinct addresses interacting with decentralized applications under a protocol. In turn, this led to the NFT volume crossing $19 million within 30 days of the period.Cardano, known for its scalability and sustainability, entered the NFT space with CardanoKidz being the first collection. Although this collection started in a rookie way, as there was no real utility, it could still sell out using the ADA native token standard.

Ethereum has long been the dominant player in the NFT space. However, its network congestion and high gas fees have caused some users to explore alternative platforms. Solana, on the other hand, has gained attention for its fast and low-cost transactions.

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