NFTrade Receives Solana Grant to Bolster NFT Ecosystem via Solana Network Integration

Published on: 11.11.2021

NFTrade is delighted to announce that they have received a grant from the Solana development team, to continue to grow and develop the Solana NFT ecosystem.

This grant will enable NFTrade to more easily integrate Solana as the 6th available mainnet within our multi-chain (and soon-to-be cross-chain) NFT marketplace, aggregator, and platform, offering all Solana NFT holders a one-stop-shop for the entirety of their NFT interactions.

Not only will Solana users be able to create NFTs, NFT collections, and buy, sell, and p2p swap NFTs, but users will also be able to earn exclusive Solana-based collectible and utility-focused NFTs through our NFT farming application. This grant will also facilitate our aggregation of Solana NFTs amongst our currently available Etheruem, Polygon, Avalanche, and Binance Smart Chain NFTs, presenting everything in a simple to use and interactive platform.

Solana is one of the most adopted smart contract networks in the distributed ledger technology space, quickly jumping to the seventh-largest cryptocurrency by market capitalization. This is due in no small part to its robust and growing NFT ecosystem, a new market that is spurred by its lightning-fast transactions and essentially non-existent gas fees. Most non-Etheruem NFTs sell for a fraction of the price of their Etheruem counterparts, but Solana has regularly seen five, six, and seven-figure NFT sales take place, positioning it to be a mainstream and viable competitor for NFT creation and usage.

This is just the beginning of our Solana integration plans, and we look forward to continuing to work with the Solana development team and community to offer the best place for all Solana NFT transactions and operations.

About NFTrade

NFTrade is the first cross-chain and blockchain-agnostic NFT platform. We are an aggregator of all NFT marketplaces and host the complete NFT lifecycle, allowing anyone to seamlessly create, buy, sell, swap, farm, and leverage NFTs across different blockchains. Using NFTrade, anyone can gain access to the entirety of their NFT, unlocking the total value of the NFT market.

About Solana

Solana is taking on one of tech’s biggest challenges: scaling blockchain for global adoption. Solana is one of the fastest blockchains in the world, and the fastest-growing ecosystem in crypto, with over 400 projects spanning DeFi, NFTs, Web3 and more.