Selling Solana (SOL) based NFT collection ‘ABC’ Skyrockets, Beating the Bored Apes By DailyCoin

©Reuters. Sale of Solana (SOL) based NFT Collection ‘ABC’ Skyrockets, Beating the Bored Apes

Solana-based NFT collection “ABC” is the most traded collection over the past 24 hours, beating Ethereum-based Otherdeed and Bored Ape Yacht Club, which are listed at number two and three.

According to cryptoslam.io, the “ABC” collection jumped from 9th to first place in a week. At the time of writing, the collection’s total sales were $2,139,047, up 94.11% over the last 24 hours.

Mysterious NFT collection

ABC is not a project it’s just art which I resonate with as I always miss the time when we are kids. Things are easier when we are kids, I miss it, I want to do something to bring it closer to me. This is not a typical project, there is no company or team behind it.

— HGE.SOL (@HGESOL) August 22, 2022

The ABC or Abracadabra NFT collection consists of 10,000 immutable NFTs. The description states that the collection is “a reminder of how fun things were when we were kids, before we grew up – let’s never stop having fun!”

This collection caught the attention of the community because of its unique approach. The creator using the nickname HGE.SOL stated that there is 0% royalty and no official rarity. Also, the NFT creator does not use Discord, Twitter (NYSE:), Launchpad, Minting, or Bots.

Citing the tweet, not only does the author not have a team behind the NFT project, but he doesn’t even call it a “project” and tried to discourage getting involved. Despite this, the collection started with great support from the community.

Remember, #ABC is just an immutable ART that you should only own if it makes you happy! The rest of it all is icing on the cake, you shouldn’t calculate the value of #ABC based on what builders build on it. #ABC is something I hope collectors will enjoy collecting.

— HGE.SOL (@HGESOL) September 6, 2022

HGE.SOL is an NFT collector and a great whale keeping many NFTs in and networks.

To continue the mystery of the collection, HGE.SOL did a search on the Twitter account and shared the image, which the community found out pretty quickly. The ABC collection introduced the HadeSwap platform – an Automated Market Maker (AMM) for NFTs – which allows for the creation of NFT liquidity pools.

can you find out pic.twitter.com/j9nQtjYsyW

— HGE.SOL (@HGESOL) August 28, 2022

The Solana blockchain remains the second choice for NFTs after Ethereum. In third place comes Polygon. According to cryptoslam.io data, over the past 24 hours, NFT sales volume increased by 29.27% ​​on the Ethereum blockchain, by 14.29% on Solana, while Polygon declined by 50%.

On the flip side

Solana’s network has faced a variety of issues over the past few months, including attacks, congestion, and disruptions, all of which have impacted the performance of its blockchain.

Why you should care

Solana (SOL) is the second largest blockchain for NFTs. Solana has become a favorite among NFT projects because it offers far lower carbon costs and gas fees than Ethereum.

Read more about the challenges Solana (SOL) faces:

The number of Solana (SOL) transactions is approaching the 100 billion mark despite a rough 2022

Solana CEO says network outages have been the ‘bane’ of low-cost transactions

Read more on DailyCoin

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