Base claims top 3 spot in 30-day NFT volume: DappRadar

3 hours ago

Base’s 70% NFT trading measurement surge to $47 cardinal successful the past 30 days puts it supra competitors similar Immutable and Solana.

Coinbase layer-2 web Base took the 3rd spot successful non-fungible token (NFT) trading measurement aft a 70% surge successful the past 30 days.

Decentralized exertion information aggregator DappRadar showed that Base’s NFT measurement reached $47.67 million, expanding by 70% implicit the past month. The summation pushed the web up of galore competitors successful the NFT space, including Immutable zkEVM and Solana, which are ranked 4th and 5th by 30-day volume.

Collections similar Get Based, DX Terminal and Based Style collectively recorded astir $25 cardinal successful NFT trading volume, driving the surge successful integer collectible trading enactment connected the network.

In summation to NFT volume, the information showed that Base is becoming 1 of the busiest ecosystems successful wide activity. In the past 30 days, the web processed implicit 27 cardinal transactions and had much than $16 cardinal successful decentralized exertion (DApp) volume, which is the full token transfers crossed DApps wrong the network.

Ethereum recorded implicit $400 cardinal successful NFT trading volume

While Base whitethorn beryllium connected the rise, Ethereum remains the astir ascendant web for NFTs. DappRadar information showed that successful the past 30 days, Ethereum recorded $408 cardinal successful trading volume.

CryptoPunks, Pudgy Penguins, Moonbirds, the Bored Ape Yacht Club (BAYC) and Lil Pudgys led NFT trading enactment connected Ethereum, collectively signaling implicit $200 cardinal successful trading volume.

Blue-chip NFT collections saw level terms drops

This happened contempt a caller downturn successful level prices crossed blue-chip collections. On Tuesday, DefiLlama information showed that NFT level prices for apical collections based connected Ethereum saw a drop. Pudgy Penguins, BAYC and Doodles each saw double-digit percent declines.

CryptoPunks remained dependable with little than a 2% driblet successful level prices implicit the aforesaid clip period.

Polygon remained the second-largest web by 30-day trading volume. The concatenation had $62.29 cardinal successful volume, up 15% successful the past 30 days.

Courtyard NFTs, which correspond tokenized versions of real-world assets (RWAs) similar trading cards, took up a bulk of Polygon’s NFT volumes. Courtyard NFTs had $57.65 million, up 21% successful the past 30 days.