Ethereum-based non-fungible tokens (NFT) collections took over the newest seven-day gross sales rankings, accounting for 9 of the highest 10 collections by complete gross sales volumes.
On Monday, CryptoSlam knowledge showed 9 of final week’s prime 10 collections by gross sales quantity had been Ethereum-based NFTs, together with fashionable collections CryptoPunks, Pudgy Penguins, Moonbirds and Azuki.
The one non-Ethereum assortment within the prime 10 was the Polygon-based Courtyard NFTs.
The surge in ETH-based NFT gross sales got here as Ether (ETH) approached $4,000 mark. On Monday, ETH costs surged previous $3,800, up almost 27% from $3,000 on July 14. On the time of writing, ETH traded at $3,815.13, according to CoinGecko.
Ethereum-based collections dominate NFT charts
CryptoSlam knowledge confirmed that CryptoPunks led the week with a $15.5 million weekly gross sales report, a 11,736% bounce from the earlier week. This made it the top-performing assortment by a large margin.
Pudgy Penguins and Bored Ape Yacht Membership collections recorded $2.69 million and $2.38 million, respectively, claiming the second and third spots on the checklist. BAYC noticed a 1,051% improve in gross sales and a pointy rise in patrons and sellers.
In the meantime, DappRadar knowledge told a special story. Whereas 9 out of the ten collections at DappRadar had been additionally Ethereum-based, the primary assortment at DappRadar was Pudgy Penguins.
DappRadar confirmed that Pudgy Penguins had a buying and selling quantity of over $20 million, whereas CryptoPunks recorded $17.6 million.
In response to the NFT knowledge aggregator, the common gross sales worth of Pudgy Penguin NFTs climbed to just about $50,000, up 52% in comparison with final week. In the meantime, CryptoPunks’ common gross sales rose to $155,000, a 21% improve.
CryptoSlam measures gross sales volumes, which depend an NFT’s main (minting) and secondary gross sales, whereas DappRadar measures the buying and selling volumes, which embody all transaction knowledge from decentralized functions (DApps).
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Ethereum-based NFTs dominate by market capitalization
NFT Ground Value, which tracks the valuations of NFT collections, shows that 9 out of the highest 10 NFTs by market cap are Ethereum-based. The one outlier within the prime 10 was the Solana-based NFT assortment Mad Lads.
The info confirmed that CryptoSlam led the pack with a $1.8 billion valuation, whereas Pudgy Penguins adopted in second place with a $556 million market cap. Third place went to BAYC, which had a valuation of almost $500 million.
Other than Ethereum NFTs dominating the highest 10 charts, the broader NFT market was additionally rising. The NFT market jumped to $6.34 billion within the final 24 hours, up 21.2%.
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