No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, October 24, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

Ethereum NFTs Jump +36% In Daily Sales, As ETH Hits New ATH

by TheAdviserMagazine
2 months ago
in Cryptocurrency
Reading Time: 4 mins read
A A
Ethereum NFTs Jump +36% In Daily Sales, As ETH Hits New ATH
Share on FacebookShare on TwitterShare on LInkedIn


Join Our Telegram channel to stay up to date on breaking news coverage

The non-fungible token market has recorded a significant surge today, marked by increased trading sales and floor price surges. The non-fungible token market surge is linked with the increased buyer and seller activity, a rebound in market capitalization, and a significant rise in Ethereum’s price. In this article, we shall explore factors fueling the surge in crypto and non-fungible tokens in detail.

Daily NFT Sales Pump +36%

Data compiled by the cryptoslam, an on-chain crypto market data aggregator and a non-fungible token explorer that tracks non-fungible token collections from more than 20 blockchain networks, shows the NFT market has surged in trading sales volume today. In the past 24 hours, the NFT market has amassed a trading sales volume of +$26 million. During this period, the NFT trading sales volume has increased by 36% from the past day.

Daily NFT sales volume

Ethereum, the blockchain network known in the NFT market for hosting the majority of the blue-chip non-fungible token collections, is the most traded blockchain network today. In the past 24 hours, the Ethereum-based NFT collection has amassed a trading sales volume of $11.7 million. During this period, the Ethereum NFT trading sales volume has increased by 27% from the past day.

Daily NFT Sales volume by blockchainsDaily NFT Sales volume by blockchains

BNB Chain, a blockchain network from the crypto exchange platform Binance, and Polygon, an Ethereum scaling solution, are today’s second and third most-traded blockchain networks in the NFT market. In the past 24 hours, the BNB Chain-based NFT collections have recorded a trading sales volume of $3.3 million, while the Polygon NFT series has raised a trading sales volume of $3.2 million.

Factors Fueling The NFT Market Growth

The non-fungible token market growth experienced today is associated with the surge in the ETH prices. Earlier today, the Ethereum (ETH) price skyrocketed to a new all-time high of $4,887 after the Fed chair hinted at rate cuts. Jerome Powell, the head of the US central bank, has given a rocket boost to expectations that there will be an interest rate cut in September, a move President Trump has been demanding for months. His remarks have fueled a surge in Ethereum NFTs.

CryptoPunks, a globally acknowledged non-fungible token collection featuring a fixed supply of 10,000 pixilated NFTs created on the Ethereum blockchain network by the digital asset firm Larva Labs but now managed by Infinite Node Foundation, is one of the NFT collections that reacted to Ethereum’s ATH and Fed remarks. In the past 24 hours, the Punks NFT collection has amassed a trading sales volume of $2.2 million, up 244% from the past day.

Top selling NFT CollectionTop selling NFT Collection

Source: cryptoslam.io

Moonbirds, another globally acknowledged non-fungible token collection featuring a fixed set of 10,000 pixilated owl-themed profile pictures created on the Ethereum blockchain network by the Proof Collective but now managed by the Orange Cap games, is another NFT collection that has somewhat reacted to Ethereum’s ATH. In the past 24 hours, the Moonbirds have raised a trading sales volume $1.2 million, up 107% from the past day.

CryptoPunks V1, a non-fungible token collection featuring original CryptoPunks wrapped with an ERC-721 token standard, and Pudgy Penguins, a non-fungible token collection featuring a fixed supply of 8,888 penguin birds pfps hosted on the Ethereum blockchain network, are other NFTs impacted by the recent Fed chair remarks and Ethereum ATH. In the past 24 hours, the Punk V1 NFTs have amassed a sales volume of $1.1 million, while Pudgy Penguins NFTs have recorded a trading sales volume of $775,250.

Related NFT News:

Best Wallet – Diversify Your Crypto Portfolio

Best WalletBest Wallet

Easy to Use, Feature-Driven Crypto Wallet
Get Early Access to Upcoming Token ICOs
Multi-Chain, Multi-Wallet, Non-Custodial
Now On App Store, Google Play
Stake To Earn Native Token $BEST
250,000+ Monthly Active Users

Best WalletBest Wallet

Join Our Telegram channel to stay up to date on breaking news coverage



Source link

Tags: ATHDailyETHEthereumHitsjumpNFTssales
ShareTweetShare
Previous Post

Hewlett Packard (HPE) Joins Evercore’s Tactical Outperform List Ahead of Earnings

Next Post

John Bolton & The Deep State

Related Posts

edit post
New Bitcoin Improvement Proposal Aims To Improve Privacy

New Bitcoin Improvement Proposal Aims To Improve Privacy

by TheAdviserMagazine
October 24, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A new Bitcoin Improvement Proposal titled “Chain...

edit post
U.S. CPI Comes In Lower Than Expectations, Bitcoin Rises

U.S. CPI Comes In Lower Than Expectations, Bitcoin Rises

by TheAdviserMagazine
October 24, 2025
0

The U.S. CPI inflation data came in below expectations, increasing the odds of two more rate cuts this year. Bitcoin...

edit post
If tokenized gold is just a “trust-me-bro” IOU, what’s really on-chain?

If tokenized gold is just a “trust-me-bro” IOU, what’s really on-chain?

by TheAdviserMagazine
October 24, 2025
0

We audit popular gold tokens against five trust tests, then compare them with BTC ETFs and native BTC settlement.Binance founder...

edit post
Hyperliquid Price Breaks Key Resistance as B Fundraising and IPO Plans Gain Traction

Hyperliquid Price Breaks Key Resistance as $1B Fundraising and IPO Plans Gain Traction

by TheAdviserMagazine
October 24, 2025
0

HYPE has reignited bullish sentiment across the crypto market after a sharp 11.91% daily surge pushed the Hyperliquid price above...

edit post
US Dollars Go On-Chain as Uphold and Vast Bank Fuse Banking With Blockchain

US Dollars Go On-Chain as Uphold and Vast Bank Fuse Banking With Blockchain

by TheAdviserMagazine
October 23, 2025
0

Real U.S. dollars are officially going on-chain as Uphold, Vast Bank, and USBC Inc. unveil a regulated, blockchain-based deposit system...

edit post
Kraken Posts Record Revenue in Q3 Amid Expansion, IPO Buzz

Kraken Posts Record Revenue in Q3 Amid Expansion, IPO Buzz

by TheAdviserMagazine
October 23, 2025
0

Kraken reported $648 million in revenue for the third quarter of 2025, up 114% from a year earlier, which the...

Next Post
edit post
John Bolton & The Deep State

John Bolton & The Deep State

edit post
Explained: Why understanding riskometer of mutual fund is important

Explained: Why understanding riskometer of mutual fund is important

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

October 9, 2025
edit post
Tax reporting puts potential immigrants under pressure

Tax reporting puts potential immigrants under pressure

0
edit post
HKEX CEO Bonnie Chan says geopolitics and economic uncertainty may dim IPO outlook

HKEX CEO Bonnie Chan says geopolitics and economic uncertainty may dim IPO outlook

0
edit post
Why Jana’s partnership with Travis Kelce could tip the balance and revive Six Flags’ business

Why Jana’s partnership with Travis Kelce could tip the balance and revive Six Flags’ business

0
edit post
Tokenized Money Market Funds: Cybersecurity Lessons from the Digital Cash Frontier

Tokenized Money Market Funds: Cybersecurity Lessons from the Digital Cash Frontier

0
edit post
Inflation rate hit 3%, lower than expected

Inflation rate hit 3%, lower than expected

0
edit post
Former IndusInd Bank deputy pays 50% of alleged insider trading gains to Sebi

Former IndusInd Bank deputy pays 50% of alleged insider trading gains to Sebi

0
edit post
Inflation rate hit 3%, lower than expected

Inflation rate hit 3%, lower than expected

October 24, 2025
edit post
Data Blackout Leaves Fed Guessing Ahead of Rate Decision

Data Blackout Leaves Fed Guessing Ahead of Rate Decision

October 24, 2025
edit post
Microsoft is distancing itself from longtime partner OpenAI, shunning erotica chatbots: ‘Just not a service we’re going to provide,’ AI CEO says

Microsoft is distancing itself from longtime partner OpenAI, shunning erotica chatbots: ‘Just not a service we’re going to provide,’ AI CEO says

October 24, 2025
edit post
Why Jana’s partnership with Travis Kelce could tip the balance and revive Six Flags’ business

Why Jana’s partnership with Travis Kelce could tip the balance and revive Six Flags’ business

October 24, 2025
edit post
New Bitcoin Improvement Proposal Aims To Improve Privacy

New Bitcoin Improvement Proposal Aims To Improve Privacy

October 24, 2025
edit post
Bitcoin: 2,000 Level Emerges as Key Resistance for Next Leg Higher

Bitcoin: $112,000 Level Emerges as Key Resistance for Next Leg Higher

October 24, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Inflation rate hit 3%, lower than expected
  • Data Blackout Leaves Fed Guessing Ahead of Rate Decision
  • Microsoft is distancing itself from longtime partner OpenAI, shunning erotica chatbots: ‘Just not a service we’re going to provide,’ AI CEO says
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.