Prices and crypto news of Turbo, Solana and Ecoterra

Continuing our column on prices and news of the most important projects in the crypto world, today we will focus on three very different projects: Turbo, Solana and Ecoterra. 

Prices and market statistics of crypto assets Turbo, Solana and Ecoterra

As we have already mentioned, the three projects being analyzed today are very different from each other. Among the many differences, what stands out the most is undoubtedly the difference in the time of participation in crypto ecosystems. 

The first project we will look at, Turbo, is very young; indeed, it has been listed on major exchanges not even a month ago. Its price today is $0.00189 and it is coming off a week of decline (-3% in the last week). 

Among market statistics, we see a market capitalization of $13.1 million, with a trading volume in the last 24 hours of $4.6 million. The circulating supply is 69 billion TURBO tokens. 

The second project is undoubtedly the best known of the three: Solana. It has stood out a lot among the others in recent days for several achievements, which we will elaborate on later. 

In the meantime in the price analysis, we can see a significant increase of almost 16% in the last week alone. An increase that brought the value of a SOL token to an impressive $19.43. 

Solana has a market capitalization of $7.8 billion, with a daily trading volume of $386.3 million. The circulating supply is 400.9 million SOL and an average holding time of 91 days. 

A different story is that of ECOTERRA; the project is in its final presale phase and is achieving extraordinary results. Currently more than $5.7 million has been raised. Its pre-sale price at the moment is $0.01. 

The project is experiencing very impressive results and the crypto community is keeping an eye on it. The difference among other projects is undoubtedly the link to the world of sustainability, which will be an important ally of the crypto community in the years to come. 

Solana (SOL) has surpassed ETH in daily NFT sales for the first time ever

In a milestone for the blockchain industry, Solana (SOL) has surpassed Ethereum (ETH) in terms of 24-hour non-fungible token (NFT) sales volume. 

The announcement was made by Step Data Insights, a data analysis platform of Solana, which took to Twitter to share this groundbreaking achievement. The fact that Solana accomplished this feat during a bearish market makes it an even more remarkable achievement.

According to the Step Data Insights post, Solana took the top spot in the blockchain rankings by NFT sales volume, surpassing ETH and Bitcoin (BTC), which occupied second and third place, respectively. 

This result demonstrates the growing importance and appeal of Solana’s blockchain ecosystem within the NFT space.

In addition, the analysis platform showed that Polygon (MATIC) secured the fourth position on the list, while ImmutableX took the fifth place. 

Clearly, Solana’s rise to the top has disrupted the traditional hierarchy dominated by Ethereum, attracting the attention of both creators and collectors in the NFT market.

Not only did Solana surpass Ethereum in terms of NFT sales volume, but it also surpassed the leading altcoin in terms of price performance over the past 24 hours. 

This achievement by Solana represents a significant shift in the NFT landscape and demonstrates the growing appeal and potential of alternative blockchain platforms. 

While Ethereum has long been considered the platform of choice for NFTs, Solana’s rise to prominence demonstrates the scalability and efficiency of its blockchain, attracting the attention of artists, creators, and investors.

What has contributed to Solana’s success?

One of the key factors that contributed to Solana’s success is its impressive transaction speed and low fees. 

While Ethereum struggled with congestion and high gas fees during peak periods, Solana’s network offered a smoother and more convenient experience for NFT transactions. This advantage undoubtedly played a crucial role in attracting users and growing sales volume on Solana’s blockchain.

Solana’s emergence as a major player in the NFT market also highlights the importance of innovation and competition in the blockchain industry. While Ethereum has been a pioneer in this space, Solana’s success shows the potential for other platforms to challenge the status quo and offer compelling alternatives.

As the NFT market continues to evolve and expand, it will be interesting to see how Ethereum and other blockchain platforms respond to the rise of Solana. 

Competition is likely to lead to further advances and improvements in scalability, transaction speed, and user experience, which will benefit artists, collectors, and the blockchain ecosystem at large.