Solana SOL Price Rebounds 4% Following Instagram, Facebook NFT Wallet Support

Social media platforms Instagram and Facebook have announced support for native Solana wallets. The move expands nonfungible token (NFT) compatibility across the networks. This caused the SOL price to bounce back by 4%.

On Nov. 3, Solana announced that the two social media platforms had integrated its NFT wallets. The rollout would be occurring on their respective mobile apps over the coming days, it added.

It also teased an NFT announcement over the next few days, but no details were shared.

Source : beincrypto

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