9 of Top 10 NFT Marketplace 30d Volume Rallied Over 100%, Most Hit ATH
Nonfungible tokens appear to boom again.
Among the top 10 NFT marketplaces, including 6 Ethereum ones and 4 Binance Smart Chain ones, 9 of them have more than 100% dramatic growth in 30d volume, and all of their 30d transactions have increased.
6 NFT marketplaces broke their trading volume ATH.
Ethereum
№1 Ethereum marketplace OpenSea now processing more volume daily than it did for the entirety of 2020.
On 2nd Aug, Devin Finzer, co-founder and CEO of OpenSea, tweeted that the platform had processed $95 million worth of transactions in two days.
Just 4 days later, the daily volume ATH was soon updated. On 6th Aug, a total of $71.8M worth of NFTs were traded on OpenSea.
The crazy volume started to rally at the end of July. OpenSea 30d NFT trading volume +334.77%.
And the growth seems no end. OpenSea topped the leaderboard in gas consumption on Ethereum, even ahead of the present most popular play-to-earn game Axie Infinity and the top dex Uniswap, according to Etherscan data.
As for the №2 Ethereum NFT project, CryptoPunks, the 30d volume increased by 1116.71%. The curve shows a similar upward trend since late July. Its daily NFT trading volume also reached a new ATH of $45.25M on 5th Aug.
Then, 2 days later, the average price for CryptoPunks also reached a record-high 70.7245 ETH on OpenSea.
It seems the punks are still dominating the NFT marketplace by value.
Binance Smart Chain
Although the top BSC marketplace BakerySwap experienced a slide in 30d volume, there are 3 BSC NFT projects going up strongly.
Treasureland BSC hit daily NFT trading volume ATH $548.90K, with a sharp 697.78% increase in the past 30 days.
The NFT trading volume of AirNFTs broke ATH $599.18K on 18th Jul with a tremendous growth (30d +1198.94%).
Poopies is a new face in the top 10, which is just launched for 23 days. It reached daily NFT trading volume ATH $370.86K on 5th Aug.
How long will this round of growth in the NFT marketplaces last? Is this just a bubble? Monitor the NFT marketplace ranking: https://www.dapp.com/dapps/blockchain-marketplace?sort=4&time=2&type=0/.
