Ethereum

Ethereum Tops NFT Market, Ends 20-Day Sales Slump Below US$10 Million

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Ethereum dominated the non-fungible token (NFT) market on Thursday with more than $23 million in sales, according to data from CryptoSlam.

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

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

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

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

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

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

But Bitcoin is closing in on the milestone of an unprecedented $3.5 billion in sales. After Thursday’s sales, the network posted a record cumulative sales of $3.43 billion.

It became the fourth blockchain to reach $3 billion at the end of last month and now represents Ronin’s approximately $800 million, which ranks third in all-time sales volume.

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

Solana is also getting closer to a milestone as its all-time figure stands at US$5.45 billion.

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

Polygon ranks fifth in sales of all time with over US$1.5 billion.

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