Nfts
Ethereum Name Service Tops NFT Sales With $4.27 Million
THE Ethereum Name Service topped CryptoSlam’s non-fungible token market on Monday with over $4.27 million in sales. Although not classified as a typical NFT collection, ENS uses NFT technology to offer decentralized domain names on the Ethereum blockchain. This allows users to convert Ethereum addresses into human-readable formats, with each registered ENS domain corresponding to a unique NFT that can be transferred or sold.
Coming in second for the day were $PIZZA BRC-20 NFTs on the Bitcoin blockchain, which generated $2.18 million in sales. This collection saw a decline from its $7.12 million in sales on Sunday.
Guild of Guardians Avatars, hosted on the Immutable network, took third place with $1.24 million in sales. Other notable collections include Blast’s Fantasy Top, which placed fourth with $987,910, and Genesis Fanta Field on Solana, which debuted in the top 10 with $635,539 in sales.
The DMarket collection on the Mythos network, including gaming-related NFTs, ranked sixth with $583,411. Yuga Labs’ Bored Ape Yacht Club, one of the top NFT collections in terms of sales of all time, placed seventh with $470,907. Polygon-based OKX NFT Creation follows in eighth place with $414,817 in sales.
The top 10 was rounded out by two other Polygon collections: Matr1x Fire Weapon and TTAvatars, each with sales of around $350,000.
The ENS-led Ethereum blockchain recorded the highest daily sales among all blockchains with $8.45 million, up from $4.51 million the previous day. The Bitcoin blockchain recorded a daily sales volume of $4.11 million, a significant drop from $11.03 million on June 9.
Solana recorded sales of $2.68 million, while the Polygon blockchain saw higher transaction volume, totaling $2.44 million in sales. Immutable reported revenue of $1.56 million and blockchain Blast reported revenue of $988,646.
Featured image: Freepik