NFT
Mad Lads, a Solana-based non-fungible token collection (NFT), generated more than $16.86 million in secondary sales in its first week since launch, according to data from CryptoSlam.
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Quick Facts
- Mad Lads recorded the highest NFT sales total of any blockchain. Bored Ape Yacht Club on Ethereum was the only other collection to surpass $10 million in secondary sales last week with $13.29 million.
- Mad Lads accounted for more than 50% of total NFT sales on the Solana blockchain last week.
- Mad Lads, a collection of 10,000 unique NFTs with profile pictures, was minted on April 21 for 6.9 SOL per token (US$154). The floor price rose to 85 SOL at 10:30 PM in Hong Kong. Mad Lads is currently being distributed to 3,580 holders, according to data from CryptoSlam.
- Solana’s new top NFT set was created by Armani Ferrante and Tristan Yver, the co-founders of Web3 wallet Backpack.
- Last week, the collection public coin was delayed by nearly 24 hours after Backpack received excessive process requests, resulting in a distributed denial of service attack.
- Mad Lads has received significant support and interest from the Solana NFT community. The blockchain recently lost two of its most popular NFT projects, y00ts and DeGods, to Polygon and Ethereum migrations.
- Despite the success of the collection, the Forkast SOL NFT Composite is down 4.83% in the past seven days.
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