SOL - Which Is a Better Buy -- Waves or Solana?
Solana (CRYPTO: SOL) took the crypto world by storm in 2021 and established itself as one of the major blockchains. Waves (CRYPTO: WAVES) is one of the few cryptocurrencies with a positive return year to date in 2022. Both are known for low fees and fast transaction speeds. Which of these popular cryptos is a better buy?
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Solana has a burgeoning NFT scene centered around Magic Eden, which saw more than $500 million of total sales volume during the past 30 days . Projects like Degenerate Ape Academy have had sales of over $1 million. Waves has NFTs as well, although they are in a nascent stage and not yet tracked by some of the major data aggregators. That said, Waves has some NFT projects like Waves Ducks that are generating excitement among a passionate fanbase. Waves Ducks has quietly accrued 200,000 players, and the top Duck sold for 12,500 WAVES (or $245,000). I will give Solana the edge here as it has a more established and robust NFT ecosystem, but I am impressed with what Waves has accomplished so far and think that it will continue to gain momentum in the NFT market.
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Which Is a Better Buy -- Waves or Solana?