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Cryptocurrency News Articles

Ethereum-Based NFTs Surge; FrxETHRedemptionTicket Leads Charge

Mar 28, 2024 at 02:04 am

FrxETHRedemptionTicket, an Ethereum-based NFT collection, has outperformed the market in the last 24 hours, with sales soaring by 480% to reach $4.64 million. This surge has propelled Ethereum to the top of the daily blockchain rankings, with Azuki and Bored Ape Yacht Club also experiencing significant sales increases. On the Bitcoin platform, $JIGO BRC-20 NFTs recorded a 3.65% sales gain, while Mad Lads and Froganas, two Solana-based collections, saw decreases in their sales figures.

Ethereum-Based NFTs Surge; FrxETHRedemptionTicket Leads Charge

Ethereum-Based NFTs Surge, with FrxETHRedemptionTicket Leading the Charge

In the vibrant and ever-evolving non-fungible token (NFT) market, FrxETHRedemptionTicket, an Ethereum-based collection, has emerged as a top performer over the past 24 hours. Data from CryptoSlam reveals a robust 480% increase in sales, reaching an impressive $4.64 million, propelling Ethereum to the zenith of the day's blockchain rankings.

Ethereum collections dominated the charts on Wednesday, with three collections securing the top three spots. Azuki, another Ethereum mainstay, experienced a notable 263% surge in sales to $1.54 million, marking its position as the second-best performer, followed by a modest 51% uptick in sales for BAYC (Bored Ape Yacht Club), reaching $1.51 million and securing the third spot.

On the Bitcoin platform, $JIGO BRC-20 NFTs also experienced growth, with a 3.65% increase in sales to $1.33 million and a 92% surge in transactions.

Mad Lads, a Solana-based collection that had dominated sales yesterday, recorded $1.32 million in transactions, facing an 18% decline in sales, yet maintaining a solid position in the top five. Froganas, another Solana-based collection that had earlier topped the rankings, continued its downward trajectory, adding to Tuesday's 20% loss with a further 2.8% drop to $658,014, barely holding on to a spot in the top 10.

Rounding out the top 11, The Captainz, an Ethereum-based collection of 9,999 NFTs, trailed closely behind with sales reaching $631,276.

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