Thursday, April 18, 2024

Ethereum Regains NFT Crown with $17.02 Million Daily Sales.

With daily sales hitting US$17.02 million, Ethereum restored its position as the top-ranking blockchain in the non-fungible tokens (NFT) market on Wednesday. Ethereum’s top-ranking position accomplished this.

According to data provided by CryptoSlam, the platform experienced a rise in sales of 39.19% in the twenty-four hours leading up to two o’clock Eastern Time. Ethereum’s total sales volume reached an all-time high of $43.36 billion, making it the most valuable cryptocurrency in business.

Although Bitcoin had been in the top spot for daily sales for two days, Ethereum eventually overtook it and became the most popular cryptocurrency.

On Monday and Tuesday of this week, Bitcoin was the market leader, but by Wednesday, Ethereum had taken up the position. This is the second consecutive week that Bitcoin has held the lead in the market.

Both Bitcoin and Solana finished the day in second and third place, respectively. Bitcoin’s sales dropped by over thirty percent, reaching a total of eleven and a half million dollars, while Solana’s sales dropped by four and a half percent, reaching a total of six and a half million dollars.

Bitcoin is currently approximately 23 million dollars away from reaching its all-time non-fungible token sales volume of $3 billion, despite the fact that it has decreased.

It is currently on track to become the fourth network in the history of the world to surpass the mark.

Polygon recorded the fourth largest sales volume on Wednesday with a 6.35 percent increase in sales over the previous twenty-four hours, totaling $1.13 million.

For the first time this week, Polygon’s sales volume surpassed at least one million dollars in the United States.

The fifth non-fungible token (NFT) network for the day, Mythos Chain, achieved sales of $1.06 million US dollars.

After seeing a 20% reduction in sales, Immutable fell out of the top five positions on Wednesday, reaching a total of $725,679 in the United States.

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.
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