Cardano NFTs and Corporate Interest Spike – Top NFT News Today – 22 January, 2024
The non-fungible tokens (NFTs) sales volume is like weather – changes daily, several times a day. Unlike weather, however, NFT news forecasts are a bit more difficult, so we can never be sure what to expect.
After several days of drops, the 24-hour sales volume is up today by 4.55% to $36,306,092, according to CryptoSlam.
Buyers and sellers are down 9% and 5%, respectively, at the time of writing. Transactions fell 10% to 324,142.
Top performers among the top 10 collections by sales volume are Froganas (+120%) and Pudgy Penguins (+96%).
Making it to the daily NFT news roundup in the red we have CryptoPunks (-22%) and Gas Hero Common Heroes (%21.7%).
Today in NFT news, read about Cardano entering the top 10 blockchain list by NFT sales volume, Ethereum recording the highest volume since June last year, and NFTs attracting Corporate America.
Cardano has entered the top blockchains by NFT trading volume.
That said, it – as most blockchains over the past 24 hours – is mostly in red. Sales are down 19% to $117,127, while the buyers are up 13%.
When it comes to sales volume among the top 10, the only green chains (and the day’s winners) are Flow, Solana, and Ethereum, respectively.
Zooming out to observe the 7-day situation, Cardano NFTs land the network the 11th spot, just outside the coveted top 10. Its volume is down 25% to $1,202,929. Buyers are up 37%.
Among the top 10 in this period, Solana is the best performer, with a rise in volume of 43%. It’s followed by Ethereum’s 23% and Arbitrum’s 6%.
All other chains are in the red.
On Thursday, January 18, the trading volume of the Ethereum NFT market hit $42.7 million. This was the first time this number exceeded $40 million since the end of June last year.
The news was first published
Read more on cryptonews.com
