The Ethereum ecosystem is now in first place in the NFT ecosystem

From the start, I was a huge supporter of NFTs since I always believed that they have a much bigger role than some pics which many people thought they are at the beginning.

Over the course of the last year NFTs, have maintained their position as an integral part of the expanding Web3 economy.

The introduction of NFTs marked the beginning of a transition away from hype-based drops and toward utility-centered programs with long-term worth.

Where do you use the most NFTs? What's your fav use of these tokens?

I first began collecting them by purchasing them from different artists as works of art. Now that I've started using ReelStar, I focus mostly on music NFTs, and I think they'll help artists connect with their followers and promote their work.

According to a recent prediction made by DappRadar on the use of blockchain technology and DApps in the year 2022, 101 million NFTs were sold in 2018, an increase of 67.57% from the year before.

The study's conclusions indicate that the Ethereum ecosystem has taken the top spot in the NFT ecosystem. Over 21.2 million transactions have been successfully executed, and it presently holds 21% of the market.

It's interesting to note that when compared to the previous year, transaction volume in the Solana and ImmutableX ecosystems exploded, increasing by a whopping 440% and 315%, respectively. Neither environment is showing any signs of slowing down anytime soon.