SNEAK PEEK
CryptoPunks tops daily NFT sales with $1.6M, driving Ethereum’s market dominance.
Solana Monkey Business surges to $953K, marking a sharp rise in NFT activity.
Ethereum and Solana lead the NFT market with increasing daily sales and transactions.
CryptoPunks has once again claimed the lead in the NFT market, generating a staggering $1.6 million in sales on Monday. This resurgence places the collection at the forefront of daily NFT sales, marking a significant moment for the Ethereum-based collection.
CryptoPunks saw 17 transactions, with 14 unique buyers and 15 sellers participating. The average sale price was recorded at approximately $94,825 per transaction, underscoring the high value attributed to these digital assets.
The Ethereum blockchain, which hosts CryptoPunks, witnessed a total daily sales volume of $4.55 million, a 15.5% increase from the previous day’s total of $3.94 million.
The increase in revenue is evident to underpin Ethereum’s robust growth as one of the premiere platforms for luxury NFTs. Such a high level of activity on Ethereum supports the leading position of the platform in the NFT market and is partially due to the popularity of drops such as CryptoPunks.
Trailing CryptoPunks, the Solana Monkey Business collection ranked second in daily sales, recording a total of $953,143. Unlike CryptoPunks, Solana Monkey Business experienced a high volume of transactions, with 216 deals made by 91 unique buyers and 89 sellers.
This performance shows a marked increase from the previous day’s sales of $371,874, emphasizing the growing popularity of the Solana blockchain in the NFT market.
In third place, DMarket, which operates on the Mythos Chain, reported sales of $663,200 from an impressive 29,613 transactions. The high transaction volume suggests a broad and active user base on the Mythos Chain.
The fourth place went to Guild of Guardians Heroes on the Immutable blockchain with $508068 of daily transactions, while the fifth one was occupied by DogeZuki Collectibles on the Solana network with $318012 in daily sales.
The daily sales ranking shows the constant and intense battle in the NFT market where Ethereum and Solana blockchain dominate. Increased transaction volume and Sales across the different Collections also depict the increasing trends of NFTs with more major Collection creating high demands from both the Buyer and Sellers end.
The post CryptoPunks Regains Top Spot in NFT Sales with Over $1.6 Million in Daily Transactions appeared first on Today NFT News.