SNEAK PEEK
- Solana Monkey Business leads NFT sales with $875K, pushing its all-time volume to $212.48M.
- gETH Locked Deposit and DMarket’s NFTs rank second and third in daily sales, highlighting strong interest.
- Ethereum outpaces Solana in overall NFT sales for the day, with $4.2M versus $4.1M respectively.
On July 22, the Solana Monkey Business (SMB) collection emerged as the leader in non-fungible token (NFT) sales, reaching an impressive $875,914. This remarkable performance signifies a notable increase in the NFT market. The collection’s success is highlighted by its 122 unique buyers and sellers, with each NFT averaging $5,308.
SMB’s recent sales surge has pushed its total sales volume to a new high of $212.48 million. Over the weekend, this Solana-based monkey-themed collection, made it into the top 30 all-time NFT sales list, replacing the SATS BRC-20 NFTs. This achievement highlights SMB’s rising importance in the NFT world.
Following SMB, the second-highest performing NFT collection of the day was gETH Locked Deposit. This NFT, representing locked gETH on Ethereum’s layer-2 network Arbitrum, recorded a daily sales volume of $583,047 from a single transfer. The asset was minted shortly before the transfer, marking a significant transaction for the collection.
In third place was DMarket’s NFT and virtual in-game items on the Mythos network. This collection achieved total sales of $565,002, drawing in 3,254 unique buyers and 2,848 sellers. The average price per item was $24.66, with active ownership numbers reaching 5,111 and a total owner count of 397,931.
Despite Solana Monkey Business leading the daily sales, Ethereum’s overall NFT sales outpaced Solana’s. Ethereum’s total sales for the day amounted to $4.2 million, narrowly surpassing Solana’s $4.1 million. This slight edge highlights Ethereum’s dominant position in the NFT market, even as Solana’s collections, including SMB, continue to gain traction.
The NFT market remains dynamic, with Solana and Ethereum continuing to be major players. The recent sales figures reflect ongoing interest and investment in digital assets, indicating a robust and competitive market landscape. As collections like SMB make headlines, the competition among NFT platforms and projects is expected to intensify, shaping the future of digital collectibles.
