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Ethereum Name Service tops NFT charts sales with over US$4.27 million

June 11, 2024
in NFT
0

The Ethereum Name Service (ENS) led CryptoSlam’s non-fungible token (NFT) market Monday with over US$4.27 million in sales.

ENS is not directly categorized as an NFT collection but uses NFT technology. ENS is a decentralized domain name protocol on the Ethereum blockchain that allows users to convert Ethereum addresses into human-readable formats.

This means that when you register an ENS domain, you receive a unique NFT that corresponds to your domain name, which can be transferred or sold just like any other NFT.

The second-ranking collection for the day was the $PIZZA BRC-20 NFTs, which recorded sales of US$2.18 million.

This collection, residing on the Bitcoin blockchain, experienced a decrease in sales after topping the charts on Sunday with US$7.12 million.

The third spot was claimed by Guild of Guardians Avatars, on the Immutable network, with sales totaling US$1.24 million.

Other notable collections on Monday’s leaderboard include the Blast’s Fantasy Top collection, which ranked fourth with sales of US$987,910, and the Genesis Fanta Field collection on Solana, which launched on Monday to debut in the top 10 with a total sales volume of US$635,539.

The DMarket collection, on the Mythos network, joining other game-related NFTs in the day’s top 10 like Fantasy Top and Guild of Guardians, came in sixth with US$583,411.

The Bored Ape Yacht Club, Yuga Labs’ flag ship NFT ranked second in all-time sales, came in seventh for the day with US$470,907, while Polygon-based OKX NFT Creation collection followed closely in eighth place with sales of US$414,817.

Two more Polygon collections, the Matr1x Fire Weapon, and TTAvatars rounded up the top 10 with around US$350,000 in sales each.

The Ethereum blockchain, led by ENS, led all blockchains in daily sales with US$8.45 million on Monday, up from US$4.51 million recorded the previous day.

Bitcoin blockchain, saw a daily sales volume of US$4.11 million, dropping from the US$11.03 million reported on June 9.

Solana blockchain recorded sales of US$2.68 million, while the Polygon blockchain saw a higher volume of transactions with sales totaling US$2.44 million.

Immutable reported sales of US$1.56 million, and the Blast blockchain had sales of US$988,646.

This news is republished from another source.


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