
wandajagla82
@wandajagla82
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11 Followers
Ethereum’s dominance in the NFT space may also be shaken by emerging blockchains. It hosts ~80% of NFT trading volume, driven by OpenSea and its ERC-721 standard. However, high gas fees and congestion deter smaller creators and buyers. Chains like Solana, with low-cost minting and fast transactions, have gained traction (e.g., Magic Eden), while Tezos and Flow offer energy-efficient alternatives appealing to eco-conscious users. Ethereum’s brand and ecosystem retain an edge, but if competitors improve marketplaces, interoperability, and user onboarding, its NFT supremacy could erode as market share fragments. 0 reply
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