NFT Market Resurgence: Sales Hit $93M as Ethereum Overtakes Bitcoin
Weekly NFT sales volume surges 22.5% to $93 million, with Ethereum outperforming Bitcoin in sales volume and buyer activity doubling across the market.
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NFT Market Shows Signs of Recovery
The NFT market shows signs of recovery with weekly sales volumes approaching $85 million, marking the highest level since August. Increases in both prices and transaction numbers across various blockchains accompany this surge.
Telegram Launches “Gifts” Feature with NFT Conversion Coming Soon
Telegram introduces “Gifts,” allowing users to send animated images as virtual gifts, which can be displayed on profiles or sold for in-app currency. The feature will soon support NFT conversion on the TON blockchain.
A New Era in NFT-Backed Lending
GONDI, a leading Ethereum-based NFT lending protocol, launches its V3 upgrade, introducing innovative features like Tranche Seniority to enhance risk management in NFT-backed loans.
Magic Eden Leads NFT Marketplace Race in 2024
Magic Eden, a cross-chain NFT marketplace, has maintained its position as the top NFT platform for six consecutive months, boasting a 36.7% market share in August 2024. The platform’s success is attributed to its multi-chain support and integration of Bitcoin Ordinals.
Trump’s ‘SuperTrump’ NFTs: Blending Politics with Crypto
Donald Trump launches his fourth series of digital trading cards, featuring ‘SuperTrump’ and ‘Crypto President’ themes, amid growing intersection of politics and cryptocurrency.
Cristiano Ronaldo’s Digital Venture: New NFTs Amid Legal Turmoil
Cristiano Ronaldo releases his fourth NFT collection with Binance, celebrating iconic career moments, while facing a $1 billion lawsuit over alleged promotion of unregistered securities.
Slerf Introduces NFT-Based Governance System
Solana-based meme coin Slerf has introduced NFT-based voting, allowing token holders to submit proposals via Discord and vote on the project’s future. This move aims to increase community involvement and decentralized decision-making.
Gaming NFTs Dominate Sales: DMarket Leads on Ethereum
DMarket, a gaming NFT collection, topped daily sales with $733,528, while Ethereum led overall blockchain transactions. Gaming-related NFTs showed strong performance across multiple platforms.
Sky Mavis Upgrades Mavis Market for Enhanced NFT Trading
Sky Mavis introduces new features to its Mavis Market NFT platform, including an Add to Cart function and Global Search capability, improving user experience as the marketplace expands to 37 collections.