NFTs
Ethereum Name Service Leads Sales on NFT Charts with Over $4.27 Million
Ethereum Name Service (ENS) led the CryptoSlam non-fungible token (NFT) market on Monday with over $4.27 million in sales.
ENS is not directly categorized as an NFT collection, but it 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 matches your domain name, which can be transferred or sold like any other NFT.
The second collection of the day was $PIZZA BRC-20 NFTs, which recorded sales of US$2.18 million.
This collection, which resides on the Bitcoin blockchain, suffered a drop in sales after topping the charts on Sunday with $7.12 million.
Third place was taken by Guild of Guardians Avatars, from the Immutable network, with sales totaling US$1.24 million.
Other notable collections on Monday’s leaderboard include Blast’s Fantasy Top Collection, which ranked fourth with sales of $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 Mythos network’s DMarket Collection, joining other game-related NFTs in the day’s top 10 such as Fantasy Top and Guild of Guardians, came in sixth place with $583,411.
The Bored Ape Yacht Club, Yuga Labs’ second-ranked NFT ship in all-time sales, came in seventh place on the day with $470,907, while the 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 out the top 10 with around $350,000 in sales each.
The Ethereum blockchain, led by ENS, led all blockchains in daily sales with $8.45 million on Monday, up from $4.51 million recorded the previous day.
The Bitcoin blockchain recorded a daily sales volume of $4.11 million, down from the $11.03 million reported on June 9.
The Solana blockchain recorded sales of $2.68 million, while the Polygon blockchain recorded a higher transaction volume with sales totaling $2.44 million.
Immutable reported sales of $1.56 million, and blockchain Blast had sales of $988,646.