SNEAK PEEK

  • SND Genesis Battle Pass topped NFT sales with $1.39 million on Ethereum.

  • Pudgy Penguins gained exposure through VanEck’s ETF ad but ranked second.

  • DMarket and other collections showed strong sales, emphasizing market diversity.

The non-fungible token (NFT) market saw significant shifts this Tuesday, with the SND Genesis Battle Pass emerging as the leader in daily sales. The collection, part of the Ethereum-based role-playing game Sword & Dungeons, recorded a staggering $1.39 million in sales, according to CryptoSlam. This surge in sales helped Ethereum maintain its dominance in the NFT market, boasting a total of $6.27 million in sales for the day.

The achievement of the SND Genesis Battle Pass can be attributed to the recent creation of 4,000 NFTs, which were swiftly acquired by eager buyers. This collection attracted 2,460 individual buyers from a mere 96 sellers, highlighting the significant demand and restricted availability that contributed to its market success.

While the SND Genesis Battle Pass topped the charts, other collections also made notable contributions to the market. Pudgy Penguins, another Ethereum-based collection, ranked second for the day with sales totaling $655,675.

Despite its significant sales, Pudgy Penguins did not clinch the top spot even as it gained additional visibility from its inclusion in an ad for VanEck’s new Ether exchange-traded fund (ETF). This ETF marked its debut on U.S. markets with an impressive $1 billion in inflows, highlighting the growing investor interest in Ethereum-based assets.

Other collections also showcased strong performances. The DMarket collection on the Mythos blockchain came in third, generating $617,108 from 3,226 unique buyers and 2,855 sellers. This collection, which specializes in in-game virtual items, had an average sale price of $25.92 per NFT. Following closely were Immutable’s Gods Unchained Cards and CryptoPunks, which recorded sales of $563,292 and $545,917, respectively.

Notably, Solana Monkey Business on the Solana blockchain also made the list, although it saw a dip in its ranking from the previous day, accumulating $460,267 in sales.

The NFT market continues to display vibrant activity and diversity, with various blockchains and collections contributing to its dynamism. Tuesday’s sales underscore the robust engagement and investment pouring into the sector, with Ethereum leading the charge. 

As the market advances, these collections not only reflect the speculative nature of digital assets but also their burgeoning role in the broader landscape of digital entertainment and investment.

The post Ethereum Dominates NFT Market as SND Genesis Battle Pass Tops Sales Charts appeared first on Today NFT News.