What are the main advantages of using Solana for NFTs compared to Ethereum?

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asked Oct 21, 2024 in H&E by Mevx (1,460 points)

The primary advantages of using Solana for NFTs over Ethereum include low transaction fees and fast transaction speeds. While minting an NFT on Ethereum can cost $50–$100 due to gas fees, Solana's fees are generally below a dollar. Additionally, Solana can process thousands of transactions per second, making it ideal for time-sensitive NFT sales and purchases.

See more: Solana and NFTs: The Rising Powerhouse in the NFT Ecosystem

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