In the latest data, Bitcoin has surged ahead in the non-fungible token (NFT) market, recording an impressive $9.8 million in sales within a 24-hour period, marking the highest sales volume in the industry.
Key Takeaways
- Bitcoin recorded $9.8 million in NFT sales within 24 hours
- Bitcoin NFTs saw an average sales price of $1,918 in March, the highest since March 2023.
- Bitcoin’s cumulative NFT sales volume has surpassed the $3 billion mark.
- Solana witnessed its most successful month for NFTs in March, with $216 million in monthly sales, a 12.4% increase from February.
- Mythos exhibited a notable increase of 27.08% in daily sales, reaching $1.21 million.
- DMarket led the day’s NFT collection rankings with $1.18 million in sales.
- DMarket and the Ethereum-based Bored Ape Yacht Club were the only two projects on Monday to achieve sales exceeding $1 million.
Bitcoin dominated the market by closing the month with a staggering $514 million in total NFT sales. This represents its most successful month since December last year. This figure also reflects a remarkable 70% increase in the previous month’s sales.
Bitcoin NFTs saw a notable increase in their average sales price last month, reaching $1,918, the highest since March 2023. Bitcoin’s cumulative sales volume has now surpassed the $3 billion mark, a milestone achieved just last week.
Solana secured the third position on Monday, despite a daily sales drop of 14.72% to $5.5 million. Nonetheless, Solana witnessed its most successful month for NFTs in March, with $216 million in monthly sales, a significant increase of 12.4% from February. The average sale price of Solana-based NFTs also soared past $100 for the first time since April 2023.
Mythos ranked fourth in daily sales, and exhibited a notable increase of 27.08%, reaching $1.21 million. Notably, DMarket, representing NFTs and in-game items on Mythos, led the day’s NFT collection rankings with $1.18 million in sales.
DMarket and the Ethereum-based Bored Ape Yacht Club were the only two projects on Monday to achieve sales exceeding $1 million, underscoring their prominence in the thriving NFT market landscape.
