The past 24 hours saw a slight dip in overall NFT sales volume, decreasing less than 2% to $35.3 million according to data site CryptoSlam. However, buyer, seller, and transaction activity all saw increases during this period, suggesting an active market despite the small volume drop.
Several top collections saw significant jumps in sales, led by CATS BRC-20 NFTs which skyrocketed 4,876% to capture the 10th spot with $582,800 in volume. itcoin">Bitcoin-based collection Uncategorized Ordinals took first place with $2.77 million in sales, up 98%.
In the battle for second place behind Ethereum, itcoin">Bitcoin edged closer with $10.8 million in volume compared to Ethereum’s $11.1 million. However, itcoin">Bitcoin widened the gap with third-place Solana, which sits at nearly half of itcoin">Bitcoin’s volume with $5.8 million.
Major NFT developments also made headlines, including a new collaboration between popular collection Doodles and luxury brand G-Shock on an upcoming physical and digital collection. Generative art platform Art Blocks announced the acquisition of NFT marketplace Sansa, with plans to integrate the two platforms. And card battle game Parallel nears its open beta launch, teasing “more to come soon” after deploying new content and upgrades for its closed beta testers.
Despite a slight cooldown in sales, major initiatives like high-profile brand collaborations and marketplace consolidation signal continued maturation and innovation across key sectors of the NFT industry. As new users flood in and projects expand their capabilities, NFTs remain positioned as a high-growth market segment within the larger blockchain ecosystem.
