SNEAK PEEK
CryptoPunk #6915 sold for 620 ETH ($1.48M), setting a new record in 2024.
Ethereum dominates NFT sales, with $4.8M in the past 24 hours, leading over Solana and Bitcoin.
CryptoPunks’ floor price surged 20% since August, reflecting a broader NFT market recovery.
CryptoPunks have once again made headlines in the NFT market with the recent sale of CryptoPunk #6915 for a record-breaking 620 ETH, roughly $1.48 million.
The sale of CryptoPunk #6915 has once again captured the attention of the crypto community. Initially, the buyer offered 550 ETH for the NFT but later increased the bid to 620 ETH, successfully closing the deal.
This transaction becomes another high-profile sale in 2024 and follows the tendency of large transactions in the CryptoPunk series. Another CryptoPunk, #635, was sold back in April for 4000 ETH which is equivalent to $12. 4 million.
This is also evidence of Ethereum’s continued dominance in the NFT space, especially with the sale of CryptoPunk #6915. As indicated by the cryptoslam, Ethereum has continued to dominate the market in NFT sales on different blockchains. Over the last one day alone, Ethereum has witnessed NFT sales worth $4.8 million. Solana and Bitcoin continue the ranking in the second and third places, with $2.16 million and $1.83 million, respectively
This trend is consistent even when considering the broader market over the last month. Ethereum remains in the lead with $124.5 million in NFT sales, followed by Solana with $75.99 million and Bitcoin with $54.9 million. Despite Ethereum’s stronghold, the highest sale in the past 30 days was not from the CryptoPunks collection but from Uncategorized Ordinals on the Bitcoin blockchain.
The NFT market has recently shown signs of price recovery, as evidenced by the latest record sale. Collections such as Bored Ape Yacht Club (BAYC), CryptoPunk, and Pudgy Penguins have all seen increases in both floor prices and total sales volumes.
Specifically, CryptoPunks have experienced a notable price surge since August 20, with their floor price jumping over 20% in just eight days, from 22.8 ETH to 28.5 ETH. Similarly, Pudgy Penguins and BAYC have seen increases of 14.78% and 2.18%, respectively, indicating a positive trend in the NFT market.
The post CryptoPunk #6915 NFT Sells for Record 620 ETH, Elevating Ethereum’s Dominance in the NFT Market appeared first on Today NFT News.
