Solana Monkey Business Tops NFT Sales with Over US$971K
By James Pebenito • July 23, 2024
Solana Monkey Business Tops NFT Sales with Over US$971K
Solana Monkey Business, a popular NFT collection, has taken the top spot in daily sales, reaching an impressive US$971,164 on Thursday. This marks a significant achievement for the collection, surpassing the previous leader, Gods Unchained, which held the top position for two days.
Rise of Solana in the NFT Market
The Solana blockchain has seen a notable rise in the NFT market, recording the third-highest sales volume on Wednesday. This surge in popularity allowed Solana to overtake other collections and claim the top position. Solana Monkey Business now boasts a total all-time sales volume of US$208.9 million, putting it within striking distance of the 30th spot, currently held by SATS, a BRC-20 NFT.
Daily Sales Breakdown
The Solana blockchain experienced a 4% increase in daily sales, reaching US$3.23 million. Despite this, Ethereum remained the leading blockchain with US$4.56 million in sales.
Following Solana Monkey Business, the second-ranking collection of the day was DMarket, with a total sales volume of US$573,154. This collection operates on the Mythos blockchain and had 3,137 unique buyers and 2,841 sellers. Although it experienced a slight dip from the previous day’s sales of US$603,635, DMarket maintained its strong performance.
Bored Ape Yacht Club and Other Leading Collections
Bored Ape Yacht Club, one of the most prominent NFT collections on the Ethereum blockchain, secured the third position with a daily sales volume of US$519,100. Gods Unchained Cards, after leading the market for two days, fell to the fourth spot, while the DogeZuki collection came in fifth.
Pudgy Penguins continued to make headlines with a daily sales volume of US$428,658, securing its position in the daily top 10 list. This collection remains popular among NFT enthusiasts and continues to perform well in the market.
The NFT market remains dynamic, with Solana Monkey Business leading the charge in daily sales. As the market evolves, various collections and blockchains vie for the top spots, showcasing the diversity and growth of the NFT ecosystem.
