Ethereum NFT Collections Crush Competition in Today’s Sales Surge
Ethereum's NFT market flexes its dominance again—leaving other chains scrambling for scraps. Here's why ETH collections still rule the digital art jungle.
The Blue-Chip Effect
While Solana and Bitcoin NFTs hype 'utility,' Ethereum's top-tier projects keep raking in 80%+ of daily volume. No flukes—just relentless demand for CryptoPunks, BAYC, and the OGs.
Gas Wars 2.0
High fees? Buyers don’t care. Today’s sales prove whales will burn $500+ in gas for rare mints—because nothing screams 'smart money' like paying a 20% premium to outbid teenagers.
The Bottom Line
Until other chains stop copying Ethereum’s homework, the king stays king. (And your 'NFT hedge fund' still isn’t outperforming ETH hodlers.)
According to the latest market statistics, Ethereum-based collections dominate non-fungible token (NFT) sales during the observed period. Bored APE Yacht Club ranked first with sales of 3.11 million, which is a gain of 308.09% although there were 37.50% fewer transactions. The collection had a record of 10 buyers and sellers, which were a decrease of 23.08% and 16.67%, respectively.
Another project based on Ethereum, the Mutant Ape Yacht Club, made it to second place with sales of $2.87 million, an increase by 483.10%, but the number of transactions and participants decreased by 50.00% and 44.44%, respectively.
Another project in Ethereum, Pudgy Penguins, saw a 124.22 percent growth, having made $1.71 million. This has been justified by an increase of 164.29% in the number of transactions and the occurrence of massive growth in the number of buyers (71.43%) and sellers (130%). CryptoPunks reported 28.24% increase to $1.53 million in transactions, with a moderate increase in transactions and a reduction in buyers of 40%.
Surge in Panini America and Niche Market Activity
Panini America stood out as the most striking increase of all, with 790,088 in sales, a 2455.34 percent increase. Still, transactions grew by 178.97%, buyers by 93.13%, and sellers by 61.47%. This is an indication of heightened operations within the Panini blockchain collectibles market.
The DMarket store (Mythos chain) had decreased sales by 14.98% to $635,196, and almost zero change in transaction volumes. The number of buyers has increased by 1.27, and sellers have decreased by a few units. The SpinNFTBox on BNB recorded a figure of 543,883 in sales figures, with minor drops in transaction levels recorded.
Mixed Results Across Other Chains
Yet other prominent names include Sorare on Ethereum, which generated $450,986 with a 28.35% decline in sales and a 27.77% fall in transactions. With no change in key metrics, $372,283 in sales was held by Solana-based Gib. Milady Maker recorded sales of 349,593, which is a 110.18% increase, with sales backed by 143.75% and 125% transactions and buyers, respectively.