NFT
With solely about 12,000 ethereum NFT merchants lively this Saturday, the trade clocked its slowest day by way of lively merchants for the reason that fourth quarter of 2021, in line with knowledge from DappRadar. The variety of merchants was down from round 30,000 to 40,000, the place it remained for many of February.
The quantity of whole NFT trades additionally reached its lowest day up to now this yr, DappRadar mentioned.
The drop got here on the heels of final week’s bulletins that Silicon Valley Financial institution had collapsed whereas crypto-friendly financial institution Silvergate mentioned it will “wind down” operations.
Different highlights:
- Buying and selling wasn’t down throughout the board, nonetheless. Over the last week Polygon gross sales volumes spiked by greater than 60%, in line with CryptoSlam!. Mid-month Polygon buying and selling is on tempo to equal February’s robust exhibiting of greater than $30 million in buying and selling quantity. It has been eight months since Polygon’s scored a better month of buying and selling in greenback phrases.
- The most important NFT sale of the week was a set of 9 Qing Dynasty plates, which offered for 366,000, in line with CryptoSlam!.
- Blue chip collections nabbed the very best gross sales volumes with Yuga Labs’ Bored Ape, Sewer Go and Mutant Ape NFT collections making up the top-three best-selling collections after racking up greater than $20 million in mixed buying and selling quantity.
