According to analysts at JPMorgan led by Nikolaos Panigirtzoglou, Ethereum is losing market share to rivals like Solana when it comes to NFTs. Ethereum’s volume share of NFT trading fell from 95% at the start of 2021 to 80% as a result of the high transaction fees seen on the Cryptocurrency’s network. Solana has been benefitted as it is seizing market share from Ethereum.