Blue-chip NFT sales surge as ether price stagnates

Quick Take

  • Transactions and sales for top NFT projects are surging.
  • The price of ether remains largely unaffected.

Trading volumes for some top NFT projects are surging while the price of ether stagnates below $1,300.

Over the past 24 hours, "web3 anime universe" Azuki has seen an increase of more than 490% in the number of transactions and a 550% increase in the number of sales, according to NFT analytics platform CryptoSlam. Azuki "sidekicks" BEANZ has seen a 1,000% increase in the number of transactions and a 631% in the number of sales.

Meanwhile, Meebits has seen a 2,457% increase in transactions and a 1,472% increase in sales. At the same time, fellow Yuga Labs-owned IP CryptoPunks has seen a 300% increase in transactions and a 255% increase in sales.

The list continues — for example, Limit Break's anime-style DigiGaikagu collection has seen a 1,700% increase in the number of transactions and a 1,210% increase in sales during the same period.

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Despite a hot past 24 hours, broader NFT trading volumes remain significantly down from their all-time highs.


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About Author

Adam is the managing editor for Europe, the Middle East and Africa. He is based in central Europe and was a managing editor and podcast host at the crypto exchange OKX's former research arm, OKX Insights. Before that, he co-founded BeInCrypto.com, which he elevated into one of the leading crypto media brands at its peak as the editor-in-chief. Earlier, he served as the editor-in-chief at Bitcoinist.com. Before joining the blockchain and crypto industry, he worked for Looper.com, Grunge.com and SVG.com. He tweets via @XBT002 and can be emailed at [email protected].

Editor

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