Ethereum NFTs dominate 7-day sales rankings as ETH nears $4K

13 hours ago

Ethereum-based non-fungible tokens (NFT) collections took implicit the latest seven-day income rankings, accounting for 9 retired of the apical 10 collections by full income volumes. 

On Monday, CryptoSlam information showed 9 of past week’s apical 10 collections by income measurement were Ethereum-based NFTs, including fashionable collections CryptoPunks, Pudgy Penguins, Moonbirds and Azuki.

The lone non-Ethereum postulation successful the apical 10 was the Polygon-based Courtyard NFTs. 

The surge successful ETH-based NFT income came arsenic Ether (ETH) approached $4,000 mark. On Monday, ETH prices surged past $3,800, up astir 27% from $3,000 connected July 14. At the clip of writing, ETH traded astatine $3,815.13, according to CoinGecko. 

Ethereum-based collections predominate NFT charts

CryptoSlam information shows that CryptoPunks led the week with a $15.5 cardinal play income record, a 11,736% leap compared to the erstwhile week. This makes it the top-performing postulation by a wide margin.

Pudgy Penguins and Bored Ape Yacht Club collections recorded $2.69 cardinal and $2.38 million, respectively, claiming the 2nd and 3rd spots successful the list. BAYC saw a 1,051% summation successful income and a crisp emergence successful buyers and sellers. 

Meanwhile, DappRadar information tells a somewhat antithetic story. While 9 retired of the 10 collections astatine DappRadar are besides Ethereum-based, the fig 1 postulation astatine DappRadar is Pudgy Penguins. 

Top NFT collections by trading volume. Source: DappRadar

DappRadar shows that Pudgy Penguins person a trading measurement of implicit $20 million, portion CryptoPunks lone recorded $17.6 million. 

According to the NFT information aggregator, the mean income terms of Pudgy Penguin NFTs climbed to astir $50,000, up 52% compared to past week. Meanwhile, CryptoPunks’ mean income roseate to $155,000, a 21% increase.

CryptoSlam measures income volumes, which number an NFT's superior (minting) and secondary sales, whereas DappRadar measures the trading volumes, which see each transaction information from decentralized applications (DApps). 

Related: Memecoin $79B rally means superior has obscurity amended to go: Exec

Ethereum-based NFTs predominate by marketplace capitalization

NFT Floor Price, which tracks the valuations of NFT collections, shows that 9 retired of the apical 10 NFTs by marketplace headdress are Ethereum-based. The lone outlier successful the apical 10 is the Solana-based NFT postulation Mad Lads. 

The information shows that CryptoSlam leads the battalion with a $1.8 cardinal valuation, portion Pudgy Penguins follows successful 2nd spot with a $556 cardinal marketplace cap. Third spot went to BAYC, which has a valuation of astir $500 million. 

Top NFT collections by marketplace capitalization. Source: NFT Price Floor

Apart from Ethereum NFTs dominating the apical 10 charts, the broader NFT marketplace is besides rising. The NFT marketplace jumped to $6.34 billion successful the past 24 hours, up 21.2%. 

Magazine: TradFi is gathering Ethereum L2s to tokenize trillions successful RWAs — Inside story

View source