What is Solana NFT Marketplace?
Solana is an efficient blockchain network when compared to its peers. Solana has overtaken other blockchains with its swift transaction processing time. As per the latest information, Solana can process NFT trading at a speed of 65,000 transactions every second. This rate is high when compared with Ethereum and Bitcoin, which are 15 and 7 transactions per second.
Typically, NFT trading platforms experience network congestion when voluminous transactions happen. This will impact the transaction speed, thereby resulting in a slower transaction speed. To mitigate this shortcoming, Solana came into existence which carries the ability to process multiple transactions at faster rates and remarkably imposes fewer gas fees.
We have engineered a white-label NFT marketplace on Solana that features a lucid user interface, faster transaction rates, scalability, and low transaction costs.