With increased demand and attention driving up the prices of high-profile NFT collections, prices are also on the rise for Ether, Solana and other smart contract blockchains used to create NFTs. Solana hit its highest trading price ever last week, with Ether on the road to a similar record.
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“With most NFTs being minted on the Ethereum blockchain, the demand for Ether is higher,” Petr Kozyakov, co-founder and CEO of the global payment network Mercuryo, said in an email to MarketWatch.
