Solana NFTs beat Ethereum, SOL up 13%, BONK up 26%.

Solana's upward momentum continued unabated into Friday, with SOL posting double-digit gains and Solana's leading mem coin BONK extending its gains to another all-time high. Amid the price action, Solana NFTs are seeing significant trading volume—more than Ethereum.

SOL rose as high as $73.85 early Friday, hitting a new 19-month high for the Solana-native cryptocurrency. In the year While it hit an all-time high of nearly $260 in November 2021, SOL has seen a dramatic correction to a fall of nearly $8 by the end of 2022. As of this writing, Solana is sitting above $73, representing a 13% jump. Last 24 hours on CoinGecko.

Meanwhile, BONK – the top meme coin on Solana – has continued to rocket up the charts in recent weeks, setting a new all-time high of $0.00001314 early Friday.

Even down to $0.00001230 as of this writing, BONK has posted a 24% gain over the past 24 hours, and has tripled in value over the past seven days. BONK has grown 982% in the past month, catapulting the token into the top 100 cryptocurrencies by market capitalization for the first time. BONK now has a market cap of $747 million.

Meanwhile, the recipients of Thursday's weather forecast are sitting pretty. The Solana DeFi platform's new JTO token has been issued to thousands of early adopters, with the airdrop totaling $225 million as of late Thursday. But now the price has risen 72% to $3.35 in the last day.

Buzz around Solana extends to its NFT collections as well.

Projects like Mad Lads and Tensorians have seen dramatic price increases in recent weeks, multiplying in value several times over. And now, Common Solana NFT trading volume has surpassed Ethereum, traditionally the leading chain for volume and the most valuable projects.

Solana NFTs collected $14.8 million in transactions over the past 24 hours, according to data from CryptoSlam. Their volume has increased by almost 92% in the previous day due to a significant increase in Solana trading.

Tensorians, tied to the Tensor NFT marketplace, is a high-profile trading project with over $4 million worth of sales.

Tensor, which rose to prominence earlier this year, currently dominates Solana with a market share of nearly 76%, according to data obtained by Tiexo in the last 24 hours. Multi-chain shopping mall Magic Eden, which previously owned Solana Place, has a 16% stake.

Edited by Stacy Elliott.