According to gasfeesapp.com, it’s up to 60x cheaper to mint an NFT on Solana than Ethereum. The cost differential can be even greater when registering accounts and buying NFTs!

Opensea Ethereum fees are as follows:

• Register: $195
• Buy NFT: $95

In contrast here are costs for Solana NFTs (on Ownchain)

• Register: $0.13
• Mint NFT: $1.10
• Sell NFT: $5.48

While Ethereum has dominated the NFT market as of yet, Solana provides a much cheaper option for new and upcoming artists and curators to start their art business. Established collectors have chosen Ethereum due to its established security but the new wave of creators will likely choose a more affordable option to launch their next masterpiece.

As always, the future belongs to the creator.