• Login
Crypto Newsmart
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE
No Result
View All Result
Crypto Newsmart
No Result
View All Result

Ethereum Dominates with Daily NFT Sales Surpassing US $7 Million

Giacomo Di Sabato by Giacomo Di Sabato
1 year ago
in NFT's
Reading Time: 1 mins read
69
VIEWS
Share on Facebook

 

Ethereum once again demonstrated its dominance in the daily NFT market, recording sales exceeding $7.13 million on Wednesday. Despite not hitting the $10 million mark since early April, Ethereum maintained its top position, outpacing competitors. Bitcoin followed closely behind, securing the second spot with sales volumes nearly matching Ethereum’s figures. Notably, the Bitcoin Ordinals NFT collection, particularly NodeMonkes, led the day’s rankings.

Solana emerged as a strong contender, claiming the third position with sales surpassing $5.08 million. Its standout performance was marked by a large number of unique buyers and sellers, totaling 29,292 and 23,251 respectively, and an impressive transaction count of 108,427. These figures notably exceeded the combined daily totals of Ethereum and Bitcoin, highlighting Solana’s robust market activity.

In addition to Ethereum and Solana, other blockchain platforms like Polygon and Mythos Chain also exhibited significant daily activity. Polygon reported sales exceeding $1.78 million, supported by 20,992 unique buyers and 7,691 unique sellers. Mythos Chain, while smaller in volume, still recorded a notable transaction count of 34,303, with sales reaching $850,851.

The dynamic nature of blockchain technology enables these platforms to sustain a steady flow of transactions and user engagement, crucial for their growth and stability in the competitive NFT marketplace. Thus, the day’s figures not only reflect economic activities but also the technological advancements shaping the digital assets landscape.

The ongoing competition among leading blockchains such as Ethereum, Bitcoin, and Solana offers insights into the evolving dynamics of the NFT market. This competitive environment drives innovation and provides valuable insights into consumer behaviour and market trends.

Ethereum’s continued lead underscores its established infrastructure and relevance in digital transactions. As the market evolves, the significance of these technologies is expected to grow, reflecting broader trends in digital commerce and decentralized finance.

 

Related Posts

5TARS.io Adopts Concordium Blockchain to Boost Web3 Sports Gaming
NFT's

5TARS.io Adopts Concordium Blockchain to Boost Web3 Sports Gaming

28 March 2025
NikolAI Launches First AI-Generated NFT Collection for Durov’s Birthday
NFT's

NikolAI Launches First AI-Generated NFT Collection for Durov’s Birthday

12 March 2025
Pixelport Launches Testnet for Cross-Chain NFT Trading
NFT's

Pixelport Launches Testnet for Cross-Chain NFT Trading

8 March 2025
Somnia Unveils Plans to Onboard Millions of Gamers to Web3
NFT's

Somnia Unveils Plans to Onboard Millions of Gamers to Web3

5 March 2025
Somnia Blockchain Sets New Benchmark with 1.05 Million TPS on Devnet, Announces Upcoming Testnet Launch
NFT's

Somnia Blockchain Sets New Benchmark with 1.05 Million TPS on Devnet, Announces Upcoming Testnet Launch

1 March 2025
Somnia Ecosystem Receives Up to 0M Backing from Improbable and MSquared
NFT's

Somnia Ecosystem Receives Up to $270M Backing from Improbable and MSquared

21 February 2025

[convertful id="153816"]

by CurrencyRate.Today
  • Home
  • Disclaimer
  • Privacy Policy
  • Digital Millennium Copyright Act Policy (DMCA)
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
CRYPTO NEWSMART

Copyright © 2021 Crypto Newsmart.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE

Copyright © 2021 Crypto Newsmart.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Manage Cookie Consent

We use cookies to optimise our website and our service.

Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Preferences
{title} {title} {title}