🧵 Solana NFTs Flip Ethereum Again — Mad Lads Lead the Charge
Solana just did it again.
$SOL In a stunning 24-hour surge, Solana’s NFT trading volume overtook Ethereum, reclaiming the crown in daily NFT activity.
Fueled by massive sweeps of top collections like Mad Lads and Solana Monkey Business, traders poured over $5M into Solana NFTs — breaking the Sunday slump and flipping the Layer 1 hierarchy.
🔥 What Sparked the Flip?
One wallet swept 75 Mad Lads NFTs, spending over $1M
Mad Lads accounted for 26.2% of total volume
Solana Monkey Business Gen 2 saw a 21.8% price spike
Total Solana NFT transactions: 6.6M+ vs Ethereum’s 698K
📈 Market Impact:
Solana’s floor prices rebounded, with Mad Lads briefly hitting 100 SOL
Unique buyers surged 153% to over 220K
Ethereum’s NFT volume remained flat, while Solana’s jumped 35% in a week
🧠 Why Solana Wins (for Now):
Low fees attract high-frequency trading and bot traffic
Tensor Season 4 incentives reignited interest
Meme coin mania (Popcat, WIF) boosted ecosystem visibility
Solana’s DEX volume also flipped Ethereum, adding momentum
🎯 Strategic Insight:
Solana’s NFT flips are happening more frequently — July saw two flips just ten days apart. If this trend continues, Solana could become the default NFT chain for traders seeking speed, affordability, and hype.