The Solana-based Mad Lads non-fungible token (NFT) collection has topped the daily sales chart with a surge in market activity.
In the past 24 hours leading up to 1:00 PM ET on Tuesday, Mad Lads experienced a 166% increase in revenue, totaling $1.62 million, and a 1.74% increase in transactions, a total of 52.
This increase has pushed Mad Lads’ cumulative volume to a new high of $150 million, now ranking 42nd in all-time sales.
This marks the second day in a row that a Solana-based collection has led the NFT market, with Mad Lads taking over the top spot from Frogana.
Frogana’s daily sales fell 20% to $830,531. The collection finished in fifth place for the day.
After Mad Lads, Ethereum’s Pandora Collection, a collection based on the ERC404 experimental token standard, witnessed the largest percentage sales growth of the day among the top 10 NFTs, rising 385% to $1.42 million.
On the other hand, Bored Ape Yacht Club (BAYC) on Ethereum reported 23% revenue growth, reaching $1.11 million for third place.
Bitcoin’s LIGO BRC-20 NFTs, the fourth collection of the day, saw a 131% increase in sales, reaching more than US$1.06 million.
However, the Bitcoin Network was the top blockchain of the day in the NFT market, largely due to high sales of its uncategorized collections.
Uncategorized BRC-20 NFTs and Ordinals had a daily sales volume of over $9 million, which is more than the $7.3 million of the entire Solana network