The NFT trading sector continues to contract, with multiple platforms having halted trading. Only the Solana ecosystem still has full buy and sell depth. The strategy is straightforward: stay away from platform tokens with depleted liquidity and reserve your positions for the only public blockchain that still has buyers. Platform tokens like RARI, EDN, and EDEN have lost their pricing anchors now that matching services have exited. Trading depth will quickly dry up, and any rebounds are unlikely to find support.
SOL is currently at 111.97, up 1.8% over 24 hours, and is the only one of these chains that still supports full NFT trading. Based on the current price: accumulate in batches below 111, reduce your position if it falls below 106, and consider buying pressure to have returned only if it holds above 118. Avoid all platform tokens; focus only on leading public blockchains with genuine trading activity. #SOL
SOL is currently at 111.97, up 1.8% over 24 hours, and is the only one of these chains that still supports full NFT trading. Based on the current price: accumulate in batches below 111, reduce your position if it falls below 106, and consider buying pressure to have returned only if it holds above 118. Avoid all platform tokens; focus only on leading public blockchains with genuine trading activity. #SOL