SolMonkey Becomes First Solana-NFT To Sell for Record Breaking $2 Million USD

The most expensive Solana-based NFT to date.

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Solana Monkey Business (SMB) has recently sold an NFT for a record $2 million USD, equivalent to 13027 SOL. The NFT in question, Solana Monkey #1355 is now the most expensive Solana-based NFT.

The Block Crypto reported that it was only three weeks ago that the first Solana-based NFT sold for over $1 million USD, further providing proof that the Ethereum blockchain may be losing its dominance in the cryptocurrency world. Solana Monkey #1355 is seen as the most rare NFT amongst the collection and features a monkey in a skeleton body wearing a bejeweled crown.

According to Solanalysis, Solana’s monkeys now go for an average of 456 SOL. With the new feat, Solana’s pixelated monkeys are now amongst the top five in the PFP power rankings, joining the likes of Bored Ape Yacht Club, Ethereum’s Cool Cats and CryptoPunks.

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Joyce Li
Joyce Li Editor

For over half a decade, Joyce Li has served as an Editor on Hypebeast's global team, leveraging profound industry insights to capture the zeitgeist. Through her editorial lens, she anticipates emerging trends while dedicating her platform to spotlighting those making the greatest impact on culture today. A storyteller first and foremost, she examines the cross-pollination of fashion, footwear, art, music, and sports. This intersectional approach has led to compelling interviews with industry-defining figures like LeBron James, Pharrell Williams, Tom Brady, NIGO, A$AP Rocky, KAWS, and more.

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