Nfts
Ethereum leads the NFT market with over $10 million in sales
Ethereum is the top-ranked blockchain in the non-fungible token (NFT) market for the second day in a row, with sales exceeding $10.24 million in the last 24 hours.
It was also the second day in a row that Ethereum was the only blockchain to surpass $10 million in sales.
The leading platform saw a slight increase of 5.61% in its sales volume, according to CryptoSlam data.
Bitcoin and Solana follow as the second and third best-performing blockchains, with sales of $7.71 million and $4.60 million, respectively.
Bitcoin saw a notable 8.97% increase in sales, with a significant drop in wash sales of 95.26%, leading to an overall positive 7.72% change in total sales volume.
Bitcoin, which frequently challenged Ethereum’s dominance throughout March, remained below $10 million in daily sales for the entire trading week.
Bitcoin’s $514 million outpaced Ethereum’s $490 million in NFT sales last month.
Solana faced a slowdown, with sales plummeting 24.06% and wash sales falling 68.77%, leading to a 41.97% decline in total sales volume.
The fourth-ranked BNB blockchain saw a remarkable increase in sales, jumping 400.6%, albeit from a lower base, with total sales reaching almost US$956,000.
The majority of BNB Chain’s sales came from LockDealNFT, which saw a 563% increase to US$871,689.