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home / news releases / SOL - How To Navigate Solana NFTs


SOL - How To Navigate Solana NFTs

Ethereum is the 800-pound gorilla in the room when it comes to NFTs (non-fungible tokens), as both the first blockchain that enabled NFTs and in terms of the size and value of the market, with collections like Bored Ape Yacht Club attracting in the million-dollar range and drawing in celebrities ranging from Justin Bieber to Jay-Z. But investors who want to cast their eyes further afield will find that NFT ecosystems are also growing on other blockchains, particularly Solana (CRYPTO: SOL) . While the Solana NFT market is still nascent and a fraction of the size of the Ethereum NFT market, it is growing quickly.

As a quick reminder before going forward, NFTs are essentially tokens on a blockchain like Ethereum or Solana that represent ownership of a unique asset. These assets can be anything from a piece of artwork to a character in a play-to-earn (P2E) game or even a plot of digital real estate in the metaverse.

Image source: Getty Images.

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How To Navigate Solana NFTs
Stock Information

Company Name: Renesola Ltd. ADR
Stock Symbol: SOL
Market: NYSE
Website: renesolapower.com

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