Instagram starts testing with Ethereum, Solana and Polygon NFTs

Instagram starts testing with Ethereum, Solana and Polygon NFTs

From today, Monday, May 9, the Instagram social network begins pilot tests for the incorporation of non-fungible tokens (NFTs) to its platform. In case of moving forward with it, users could exhibit their Ethereum, Polygon, Solana and Flow NFTs without costs on their profile, just as it can already be done on Twitter.

As CoinDesk could confirm, the first tests will be carried out with amateur tokens of residents of the United States. It is further detailed that Instagram’s intention is to support the use of wallets like MetaMask to be able to use the NFTs on the social network.

Ethereum, Polygon, Solana and Flow are some of the networks that have the highest volume of NFT trading. The undisputed leader is Ethereum, with projects such as Cyberpunks, Bored Ape and Acth Club and your Otherside metaverse with a volume of hundreds of thousands of ethers (ETH), as can be seen in the image below.

list of the most traded nft tokens according to the network
The most traded NFTs are on the Ethereum network. Source: CoinMarketCap.

With regard to the projects of other networks, one of the most popular is NBA Top Shot, created on the Flow network. Meanwhile, in Polygon Crypto Unicorns and Aavegotchi stand out, while in Solana other tokens are traded with much lower trading volume, according to data from .

Like Instagram Facebook is also moving forward with NFTs

On the other hand, according to what the American newspaper Financial Times reported, the company that owns Instagram, Meta, would have projected employ NFTs in the future to verify membership in Facebook groups.

Facebook Instagram As CriptoNeticias reported in January 2022, Meta had been planning this incorporation of NFTs for both Instagram and Facebook. Also, Twitter had already added this possibility for its users, with the difference that at first it was exclusive to those subscribed to Twitter Blue, the paid version of the platform.