The NFT market experienced a dramatic shift on July 22, as Solana Monkey Business (SMB) surged to the top of the sales charts, setting new records and capturing the spotlight.
Solana Monkey Business Tops the Charts
On July 22, Solana Monkey Business led the NFT sales with a staggering $875,914 in total sales, according to CryptoSlam. This impressive performance marks a significant uptick in the NFT market, with SMB's all-time sales volume climbing to a new high of $212.48 million. The collection, known for its monkey-themed NFTs on the Solana blockchain, saw 122 unique buyers and sellers, with an average price of $5,308 per NFT. This surge also propelled SMB into the top 30 list of all-time NFT sales, displacing SATS BRC-20 NFTs from the rankings.
gETH Locked Deposit Makes Waves
In second place for the day was the gETH Locked Deposit NFT, representing locked gETH on Ethereum’s Arbitrum layer-2 network. This NFT achieved a daily sales volume of $583,047 from a single transfer, minted just moments before the transaction. Its impressive performance highlights the growing interest in Ethereum-based NFTs and the potential of layer-2 solutions to drive significant market activity.
DMarket’s Strong Performance
DMarket’s NFT and virtual in-game items collection on the Mythos network secured third place with $565,002 in sales. The collection attracted 3,254 unique buyers and 2,848 sellers, with an average item price of $24.66. DMarket’s active owner count reached 5,111, contributing to a total owner count of 397,931.
Ethereum’s Dominance and Other Notable Sales
Ethereum’s DogeZuki Collection came in fourth with $436,787 in sales, while the Bored Ape Yacht Club followed in fifth place with $341,576. Despite Solana Monkey Business leading the day, Ethereum outpaced Solana in total NFT sales, with Ethereum reaching $4.2 million compared to Solana’s $4.1 million.
FAQ's
What is Solana Monkey Business (SMB)?
Solana Monkey Business is an NFT collection on the Solana blockchain featuring monkey-themed artwork. It recently led NFT sales with over $875,000 in a single day.
How did SMB’s sales impact the NFT market?
What was notable about the gETH Locked Deposit NFT?
How did DMarket perform in the NFT sales rankings?
Which blockchain led in total NFT sales for the day?
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