cryptopunks and other establishments NFT As the prices of major altcoins rise, the project is seeing new interest. Recent activities are concentrated Ethereum and Solana.
The NFT market has cooled significantly in recent years, but Sunday marked its busiest day since February, with $26 million worth of tokenized JPEG changing hands throughout the Ethereum ecosystem. Dashboard It was created by Hildebert Moulié, a data scientist at the venture company Dragonfly. On Monday, it was followed up with a trading volume of $24.9 million.
More than half of Sunday’s trading volume could be attributed to Cryptopunks.App, the official market specializing in an iconic collection of 10,000 pixel profile photos. museum, Auction Houseand Luxury brands.
Over the past week, the so-called floor prices for the collection have jumped from 20% to 48 ETH, according to the data provider. NFT Price Floor. Cryptopunks’ entry-level prices measured in US dollars jumped from 45% to $177,000, partly due to the rise in Ethereum’s value. Meanwhile, 174 NFTs from the collection changed hands during that period, up 460% from the previous week.
In May, a newly established nonprofit called the Infinite Node Foundation acquired an IP to Yuga Labs’ Cryptopunks, a boring APE Yacht club maker, and said it was focusing on preserving collections, engaging with the community and promoting the brand.
Myriad Markets users widely believe that Cryptopunks’ floor prices will surpass the 44 ETH mark until the end of July 25th, increasing the 85% chance. (Disclosure: Myriad is a product DecryptionParent company, Dastan. )
Other collections created at Ethereum have seen floor prices rise over the past week. This included a 38% jumping to $56,000 for the Pudgy Penguins NFTS and an increase of $6,300 for the Mutant Ape Yacht Club NFTS, with a 64% surge in the Fidenza NFTS. Generation Artist Tyler Hobbs.
Some X audiences hope that the two-day trading volume rise will turn into a revival of NFTs, but while it was red hot during the crypto boom during the pandemic era, “activity increased from December to February, but it wasn’t maintained,” Muurie said. Decryption.
Opensea’s NFT trading volume rose 44% to $9.5 million from Sunday to Monday, making it appear that some traders are following the trend. On Monday, NFT Marketplace Blur saw a 120% jump to $12.8 million from the previous day.
In Solana, the price of the Mad Lads NFTS has increased by 27% to $6,800 over the past week, while the floor price of the Clarnosaurz NFTS has increased by 47% to $2,100, and the entry-level Solana Monkey Business Gen2 NFT has increased by 43% to 43% among other collection acquisitions.
In total, $9.3 million worth of Solana-based NFTS sales have been in the secondary market over the past seven days, up 59%. Cryptoslam. Meanwhile, Ethereum-based NFTs have seen sales of $105 million, up 50% over the same period.
Trading volumes have declined over the past week, but floor prices have also risen in Bitcoin-based collectibles. The floor prices for the Ordinals Collection Taproot Wizards have moved from 26% to $26,700 over the past week, and from 10% to $4,800 for Bitcoin dolls.
The NFT market may sparkle as Ethereum and Solana rise, but in particular, the NFT collections referenced in this article are not close to the highest floor price set of all time. Additionally, trading volumes on Sunday and Monday were the most robust in months, but on a per Mourier dashboard, daily statistics have increased by four or more times over the past year.
