Nfts
Ethereum Dominates NFT Market, Ends 20-Day Sales Slump Below $10 Million
Ethereum led the non-fungible token (NFT) market on Thursday with more than $23 million in sales, according to data from CryptoSlam.
More than half of those sales came from CryptoPunks 635, which sold for $12.4 million on the Larva Labs marketplace.
Ethereum recorded a total of 16,363 transactions made by 1,770 unique buyers and 1,354 unique sellers.
Ethereum has ended a 20-day streak of daily sales below $10 million.
This daily performance contributes to Ethereum’s historical sales volume, which now stands at approximately US$43.64 billion from nearly 47.56 million transactions.
Bitcoin and Solana followed, with daily sales reaching $6.67 million and $3.72 million, respectively.
This is the fourth consecutive day that Bitcoin collections have failed to exceed $10 million.
But Bitcoin is inching closer to the $3.5 billion mark in historical sales. After Thursday’s sales, the network has a record cumulative sales of $3.43 billion.
It became the fourth blockchain to reach $3 billion at the end of last month and is now around $800 million for Ronin, which ranks third in terms of all-time sales volume.
Solana, with its higher number of unique buyers at 10,862 and sellers at 10,221, led to a higher number of transactions on the market, totaling 65,373 for the day.
Solana is also approaching a major milestone, reaching $5.45 billion in historic revenue.
Polygon and Mythos Chain also reported notable daily sales, with Polygon reaching $2.32 million USD on 65,536 transactions and Mythos Chain recording sales of $937,934.75 USD on 37,828 transactions.
Polygon ranks fifth in all-time sales with over US$1.5 billion.