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Home»NFT»Ethereum leads the NFT market, ending a 20-day decline in sales below $10 million
NFT

Ethereum leads the NFT market, ending a 20-day decline in sales below $10 million

2024-04-26No Comments2 Mins Read
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Ethereum topped the non-fungible token (NFT) market on Thursday with sales of more than $23 million, data from CryptoSlam showed.

More than half of those sales came from CryptoPunks 635, which sold for $12.4 million on the Larva Labs marketplace.

Ethereum saw a total of 16,363 transactions executed by 1,770 unique buyers and 1,354 unique sellers.

Ethereum ended a 20-day streak of daily sales under $10 million.

This daily performance contributes to Ethereum’s all-time sales volume, which now stands at approximately $43.64 billion from nearly 47.56 million transactions.

Bitcoin and Solana followed, with daily sales of $6.67 million and $3.72 million, respectively.

This is the fourth day in a row that Bitcoin collections failed to crack $10 million.

But Bitcoin is inching closer to the $3.5 billion all-time sales milestone. After Thursday’s sales, the network has a cumulative sales record of $3.43 billion.

It became the fourth blockchain to reach $3 billion late last month and is now worth about $800 million to Ronin, which ranks third in all-time sales volume.

Solana, with a higher number of unique buyers of 10,862 and sellers of 10,221, led to an industry-leading higher number of transactions totaling 65,373 for the day.

Solana is also approaching a milestone of its own as it hits an all-time record of $5.45 billion.

Polygon and Mythos Chain also reported notable daily sales, with Polygon reaching $2.32 million from 65,536 transactions and Mythos Chain recording sales of $937,934.75 from 37,828 transactions.

Polygon ranks fifth in all-time revenue with more than $1.5 billion.

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