Ethereum Leads NFT Market Surge as Bitcoin Trails Behind: Wednesday’s Highlight

Wednesday saw Ethereum leading the non-fungible tokens (NFT) market with a daily sales volume surpassing $7.13 million, according to CryptoSlam data.

While Ether claimed the top spot for the day in terms of sales volume, it hasn’t surpassed the $10 million mark since April 4.

Bitcoin closely trailed behind Ethereum, securing the second position in daily NFT sales with a volume just shy of $7.13 million. Interestingly, Bitcoin has seen its third consecutive day with sales below $10 million, despite NodeMonkes, a Bitcoin Ordinals NFT, leading the Wednesday collection rankings.

Solana secured the third spot in daily NFT sales, boasting a volume exceeding $5.08 million. This surge was fueled by a higher number of unique buyers at 29,292 and unique sellers at 23,251, resulting in an impressive 108,427 transactions. These figures outpaced the combined daily total of Ethereum and Bitcoin.

Other blockchain platforms like Polygon and Mythos Chain also witnessed noteworthy daily activities. Polygon recorded sales exceeding $1.78 million, with 20,992 unique buyers and 7,691 unique sellers. Meanwhile, Mythos Chain saw sales totaling $850,851, accompanied by a robust transaction count of 34,303.


Disclaimer: Not Investment Advice

it’s crucial to understand that the information provided here is not to be construed as investment advice. The crypto market is dynamic and highly speculative, and decisions should be made based on thorough personal research and consideration of individual risk tolerance. Always consult with financial professionals and conduct your own due diligence before making any investment decisions. The intention of this exploration is to present insights and trends, not to provide specific investment recommendations.

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