NFTs
Ethereum Name Service Tops NFT Sales With $4.27 Million
O Ethereum Name Service led the CryptoSlam non-fungible token market on Monday with over $4.27 million in sales. Although not classified as a typical NFT collection, ENS uses NFT technology to offer decentralized domain names on the Ethereum blockchain. This allows users to convert Ethereum addresses into human-readable formats, with each registered ENS domain corresponding to a unique NFT that can be transferred or sold.
In second place on the day were the $PIZZA BRC-20 NFTs on the Bitcoin blockchain, which generated US$2.18 million in sales. This collection was down from Sunday sales at $7.12 million.
Guild of Guardians Avatars, hosted on the Immutable network, secured third place with $1.24 million in sales. Other notable collections included Blast’s Fantasy Top, which came in fourth with $987,910, and Genesis Fanta Field on Solana, debuting in the top 10 with $635,539 in sales.
The DMarket collection on the Mythos network, featuring gaming-related NFTs, ranked sixth with $583,411. Yuga Labs’ Bored Ape Yacht Club, an all-time top-selling NFT collection, came in seventh place with $470,907. Polygon-based OKX NFT Creation ranked eighth with $414,817 in sales.
Rounding out the top 10 were two more Polygon collections: Matr1x Fire Weapon and TTAvatars, each with approximately $350,000 in sales.
The Ethereum blockchain, led by ENS, recorded the highest daily sales among all blockchains with $8.45 million, up from $4.51 million the previous day. The Bitcoin blockchain recorded a daily sales volume of $4.11 million, a significant drop from $11.03 million on June 9.
Solana recorded sales of US$2.68 million, while the Polygon blockchain had higher transaction volume, totaling US$2.44 million in sales. Immutable reported sales of $1.56 million, and the Blast blockchain recorded $988,646 in sales.
Featured Image: Freepik