Ethereum’s CryptoPunks Outshines in NFT Market with $663K in Sales

Ethereum-based CryptoPunks continues to hold its position as a leader in the NFT market, recording a remarkable $663,757 in sales on Tuesday. According to CryptoSlam, this figure marks one of the highest single-day sales volumes in recent weeks for CryptoPunks, with an average sale price of $60,341. Eleven unique buyers contributed to these transactions, boosting CryptoPunks’ all-time sales volume to $2.86 billion. This impressive number ranks CryptoPunks as the third-highest collection in the NFT market by total sales, underscoring its continued popularity on the Ethereum blockchain.

Bitcoin NFTs Gain Traction: NodeMonkes Takes Second Place

Ethereum isn’t the only blockchain witnessing active NFT trading this week. NodeMonkes, a top collection on the Bitcoin blockchain, secured second place in daily NFT sales with $627,789. With 88 buyers and 97 total transactions, NodeMonkes has quickly become the largest Bitcoin-based NFT collection, accumulating a total of $254.7 million in lifetime sales. Its performance highlights the growing role of Bitcoin NFTs in a market historically dominated by Ethereum.

Ordinal Maxi Biz (OMB) Ranks Third in Daily NFT Sales

Ordinal Maxi Biz (OMB), another emerging Bitcoin-based NFT collection, ranks third in daily sales with $548,126. Thirty-four unique buyers participated in 40 transactions, showing an increasing demand for Bitcoin NFTs as they gain traction among collectors. The rising popularity of Bitcoin-based NFTs indicates broader market diversification, with Bitcoin becoming a viable alternative platform for NFT creators and collectors alike.

Guild of Guardians and Mad Lads Add to the NFT Market Dynamics

Guild of Guardians Heroes, an Ethereum-based collection on the Immutable blockchain, came in fourth place, achieving $507,352 in daily sales. Following closely, Mad Lads, a popular collection on the Solana blockchain, captured $469,037 in sales. Notably, Mad Lads recently dropped from its prior third-place ranking, signaling shifts in the NFT landscape as new collections and platforms gain influence.

Final Thoughts on the NFT Market Landscape

The NFT market remains highly competitive, with Ethereum-based collections like CryptoPunks continuing to dominate while new players emerge from Bitcoin and other blockchains. Ethereum retains its leading position as a preferred blockchain for NFTs, backed by high-performing collections like CryptoPunks and VeeFriends. Yet, the rise of Bitcoin-based collections like NodeMonkes and OMB showcases Bitcoin’s growing influence in the NFT space.

As blockchain innovation continues to drive diversity in NFTs, Ethereum and Bitcoin are shaping a more dynamic market, bringing new opportunities for investors and creators alike.