Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Coinbase head of the institutional strategy says that scarcity stimulates the overwhelming wave of demand from major players

2025-05-12

Litecoin price analysis and forecast in the short term

2025-05-12

Atlaspad and Arichain unite to stimulate user-friendly and scalable web3 acceptance

2025-05-12
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Atlaspad and Arichain unite to stimulate user-friendly and scalable web3 acceptance

    2025-05-12

    Why Wall Street Crypto will not embrace without privacy of zero knowledge

    2025-05-12

    R2 Testnet affects 10 million transactions with 200K+ users in weeks

    2025-05-12

    Miro announces a strategic partnership with Enac Network to bring about a revolution in Enterprise Web3 apps

    2025-05-12

    Ripple CTO predicts a big shift with ZK certificates: Details

    2025-05-12
  • NFT

    Trump’s Crypto -Dinner cost VIP -Aurter $ 4.8 million

    2025-05-12

    New details about Trump’s Memecoin leaks from the official website – this is what they intend

    2025-05-12

    NFT -turns 10.6% to $ 115 million, Doodles Rally 500%

    2025-05-11

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Coinbase head of the institutional strategy says that scarcity stimulates the overwhelming wave of demand from major players

    2025-05-12

    Can the resistance crush and re -design the rally?

    2025-05-12

    XRP performs better than the crypto market with 10% jump if open interest rises beyond $ 5 billion

    2025-05-12

    Cathie Wood doubles Bitcoin objective on 2030, says that BTC still has ‘miles’

    2025-05-12

    Analyst reveals factors that will make it happen in 2025

    2025-05-12
  • Learn

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»NFT»ERC-6551 Account number increase, new NFT market boom
NFT

ERC-6551 Account number increase, new NFT market boom

2023-07-05No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

According to @SeaLaunch_’s datasheet, the number of ERC-6551 heterogeneous Token-bound accounts (TBAs) created peaked at 701 on July 4, a single-day record.

Currently there are more than 1,500 accounts. On the same day, the number of ERC-6551 transactions also reached the second highest in history.

Source: Dune

Currently, the major NFTs using the ERC-6551 standard include The Managers and Sapienz. The bottom price of Sapienz NFT is up more than 24% over the past 24 months, with a volume spike of more than 8000%, according to CryptoSlam.

Source: CryptoSlam

ERC-6551 is a new Ethereum standard that allows any ERC-721 token to have a smart contract account to build a Token-bound account (TBA). This allows ERC-721 coins to own assets and interact with apps without changing current ERC-721 smart contracts or infrastructure.

The ERC-6551 standard is a significant improvement over the ERC-721 standard, giving the NFT greater functionality and compatibility. For example, the standard NFTs can host other NFTs, engage in DeFi applications, and interact with smart contracts.

ERC-6551 is still in the works, but has the potential to transform the NFT industry in the future. It can increase the value and usage of NFTs by improving their functionality.

This standard offers several benefits, some of which are as follows:

  • Increasing NFT functionality: This standard allows NFTs to own other NFTs, participate in DeFi applications, and interact with smart contracts. This expands the use cases for NFTs, making them a more valuable asset.
  • Increased security: Since smart contracts protect token-bound accounts, they are more secure than conventional wallets. This makes NFT storage even more secure.
  • Enhanced interoperability: The NFT ERC-6551 can be used on a variety of systems and applications. As a result, they are more customizable and accessible to a wider variety of users.
See also  FrxETHRedemptionTicket leads to increase in NFT sales

Despite several infrastructural and security issues, ERC-6551 is nonetheless seen as a critical step forward for NFT, making NFT more relevant to Web3 consumers rather than just a trading tool.

DISCLAIMER: The information on this website is intended as general market commentary and does not constitute investment advice. We recommend that you do your research before investing.

Source link

account boom ERC6551 Increase market NFT number
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Trump’s Crypto -Dinner cost VIP -Aurter $ 4.8 million

2025-05-12

New details about Trump’s Memecoin leaks from the official website – this is what they intend

2025-05-12

XRP performs better than the crypto market with 10% jump if open interest rises beyond $ 5 billion

2025-05-12

Top 9 play-to-earn NFT games to try in May 2025!

2025-05-12
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Movement Laboratories reveals developer MAINNET prior to the public launch of February

2025-01-29

Bitcoin is about to open gold, says Investanswers – here is his timeline

2025-04-29

Will Bitcoin reach its new ATH soon? 

2023-09-09
Editors Picks

What to expect as Optimism unlocks tokens worth millions

2023-07-30

The best NFT gags and references from the viral ‘Simpsons’ episode

2023-11-07

SEC awards $279,000,000 whistleblower record for providing information leading to enforcement actions

2023-05-07

CFTC Fines South African CEO $3.4 Billion Over Bitcoin MLM Scheme

2023-04-28
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Coinbase head of the institutional strategy says that scarcity stimulates the overwhelming wave of demand from major players

Litecoin price analysis and forecast in the short term

Atlaspad and Arichain unite to stimulate user-friendly and scalable web3 acceptance

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$102,266.71-1.82%
  • ethereumEthereum(ETH)$2,442.95-2.79%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.473.57%
  • binancecoinBNB(BNB)$651.43-0.25%
  • solanaSolana(SOL)$170.88-2.31%
  • usd-coinUSDC(USDC)$1.000.03%
  • dogecoinDogecoin(DOGE)$0.223987-5.00%
  • cardanoCardano(ADA)$0.79-1.88%
  • tronTRON(TRX)$0.265762-0.26%
  • suiSui(SUI)$3.88-3.97%
  • chainlinkChainlink(LINK)$16.37-3.83%
  • avalanche-2Avalanche(AVAX)$24.07-3.00%
  • stellarStellar(XLM)$0.302819-2.74%
  • shiba-inuShiba Inu(SHIB)$0.000015-6.11%
  • hedera-hashgraphHedera(HBAR)$0.206714-0.35%
  • the-open-networkToncoin(TON)$3.29-4.37%
  • bitcoin-cashBitcoin Cash(BCH)$402.75-1.31%
  • hyperliquidHyperliquid(HYPE)$23.95-2.21%
  • unus-sed-leoUNUS SED LEO(LEO)$8.613.39%
  • polkadotPolkadot(DOT)$4.93-3.07%
  • piPi(PI)$1.09-13.92%
  • litecoinLitecoin(LTC)$101.360.64%
  • moneroMonero(XMR)$334.980.86%
  • pepePepe(PEPE)$0.000013-7.32%
  • bitget-tokenBitget Token(BGB)$4.71-4.08%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.000.07%
  • uniswapUniswap(UNI)$6.68-4.34%
  • bittensorBittensor(TAO)$453.46-4.47%
  • nearNEAR Protocol(NEAR)$3.08-2.34%
  • aptosAptos(APT)$5.67-4.04%
  • aaveAave(AAVE)$215.73-1.95%
  • okbOKB(OKB)$53.54-3.46%
  • ondo-financeOndo(ONDO)$1.00-4.74%
  • internet-computerInternet Computer(ICP)$5.59-3.64%
  • ethereum-classicEthereum Classic(ETC)$19.30-3.80%
  • kaspaKaspa(KAS)$0.111443-6.19%
  • gatechain-tokenGateToken(GT)$21.77-0.99%
  • mantleMantle(MNT)$0.79-0.48%
  • crypto-com-chainCronos(CRO)$0.097502-1.22%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.248424-3.35%
  • render-tokenRender(RENDER)$4.98-5.81%
  • vechainVeChain(VET)$0.029817-5.07%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.65-8.28%
  • ethenaEthena(ENA)$0.369816-11.44%
  • usd1World Liberty Financial USD(USD1)$1.000.42%
  • filecoinFilecoin(FIL)$3.02-4.39%
  • arbitrumArbitrum(ARB)$0.419751-7.78%
  • algorandAlgorand(ALGO)$0.231032-4.06%
  • bitcoinBitcoin(BTC)$102,266.71-1.82%
  • ethereumEthereum(ETH)$2,442.95-2.79%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.473.57%
  • binancecoinBNB(BNB)$651.43-0.25%
  • solanaSolana(SOL)$170.88-2.31%
  • usd-coinUSDC(USDC)$1.000.03%
  • dogecoinDogecoin(DOGE)$0.223987-5.00%
  • cardanoCardano(ADA)$0.79-1.88%
  • tronTRON(TRX)$0.265762-0.26%
  • suiSui(SUI)$3.88-3.97%
  • chainlinkChainlink(LINK)$16.37-3.83%
  • avalanche-2Avalanche(AVAX)$24.07-3.00%
  • stellarStellar(XLM)$0.302819-2.74%
  • shiba-inuShiba Inu(SHIB)$0.000015-6.11%
  • hedera-hashgraphHedera(HBAR)$0.206714-0.35%
  • the-open-networkToncoin(TON)$3.29-4.37%
  • bitcoin-cashBitcoin Cash(BCH)$402.75-1.31%
  • hyperliquidHyperliquid(HYPE)$23.95-2.21%
  • unus-sed-leoUNUS SED LEO(LEO)$8.613.39%
  • polkadotPolkadot(DOT)$4.93-3.07%
  • piPi(PI)$1.09-13.92%
  • litecoinLitecoin(LTC)$101.360.64%
  • moneroMonero(XMR)$334.980.86%
  • pepePepe(PEPE)$0.000013-7.32%
  • bitget-tokenBitget Token(BGB)$4.71-4.08%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.000.07%
  • uniswapUniswap(UNI)$6.68-4.34%
  • bittensorBittensor(TAO)$453.46-4.47%
  • nearNEAR Protocol(NEAR)$3.08-2.34%
  • aptosAptos(APT)$5.67-4.04%
  • aaveAave(AAVE)$215.73-1.95%
  • okbOKB(OKB)$53.54-3.46%
  • ondo-financeOndo(ONDO)$1.00-4.74%
  • internet-computerInternet Computer(ICP)$5.59-3.64%
  • ethereum-classicEthereum Classic(ETC)$19.30-3.80%
  • kaspaKaspa(KAS)$0.111443-6.19%
  • gatechain-tokenGateToken(GT)$21.77-0.99%
  • mantleMantle(MNT)$0.79-0.48%
  • crypto-com-chainCronos(CRO)$0.097502-1.22%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.248424-3.35%
  • render-tokenRender(RENDER)$4.98-5.81%
  • vechainVeChain(VET)$0.029817-5.07%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.65-8.28%
  • ethenaEthena(ENA)$0.369816-11.44%
  • usd1World Liberty Financial USD(USD1)$1.000.42%
  • filecoinFilecoin(FIL)$3.02-4.39%
  • arbitrumArbitrum(ARB)$0.419751-7.78%
  • algorandAlgorand(ALGO)$0.231032-4.06%