Ethereum
Ethereum Tops Daily NFT Sales at US$7 Million, Ends Weakest Month of 2024
Ethereum closed non-fungible token (NFT) sales as the top blockchain in the market on Wednesday, with US$6.87 million, according to data from CrptoSlam.
The platform saw a slight drop in total transactions to 14,840, compared to 14,987 the previous day, but maintained a high level of activity with 4,229 unique buyers and 3,304 unique sellers.
Ethereum closed its worst monthly NFT performance since October 2023.
In April, Ethereum saw $241 million in sales, more than half of March’s $489 million, according to CryptoSlam data.
Bitcoin was in second place on Wednesday for NFT sales. Its gap to Ethereum was not significant, however, as Bitcoin recorded $6.74 million in daily sales.
Bitcoin had a better month than Ethereum in April with over $602 million in sales to lead the market, but down from $625 million in March.
Sales of the Bitcoin collection were boosted by its halving event on April 20, which coincided with the launch of Runes, a new fungible token protocol for the world’s first blockchain network.
Solana came in third on Wednesday with $2.54 million.
Solana also failed to improve on its March performance of $249 million, dropping to $153.5 million in monthly sales.
Overall, NFT sales volume in April fell to US$1.15 billion from US$1.53 billion in March. April saw the lowest NFT sales in 2024 so far, but still managed to see an increase of around 56% year-over-year.
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