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Cryptocurrency News Articles
Solana's Froganas NFT Collection Dominates Market with $1.45 Million Sales Haul
Apr 06, 2024 at 12:50 am
Solana's Froganas NFT collection surged to the top of the market on Friday, generating $1.45 million in sales and dethroning Pandora. Froganas saw a 20.49% sales increase and a 24.95% rise in transactions, while Pandora dropped 28.53% in sales volume. Bored Ape Yacht Club remained in second place, followed by Bitcoin's NodeMonkes, LockDealNFT, and an Avalanche collection.
Solana's Froganas NFT Collection Tops Non-Fungible Token Sales with $1.45 Million Haul
New York, NY - March 5, 2023 - Solana's Froganas non-fungible token (NFT) collection has surged to the summit of the NFT market, capturing a remarkable $1.45 million in sales within a 24-hour period ending at 11 a.m. ET on Friday, March 3rd.
According to data compiled by CryptoSlam, a leading NFT market analytics platform, Froganas's sales volume has skyrocketed by 20.49% over the past day. The collection's market activity has also witnessed a substantial increase, with a 24.95% jump in transaction count to 3,701, surpassing the previous frontrunner, Pandora, an Ethereum-based ERC-404 collection.
Pandora, which held the top spot on Thursday's sales chart, has experienced a 28.53% decline in sales. However, it has managed to retain the third position with a sales volume of $1.16 million.
Yuga Labs' Bored Ape Yacht Club (BAYC), the Ethereum-based collection featuring anthropomorphic ape avatars, has secured the second spot with $1.22 million in sales.
Bitcoin's NodeMonkes collection, at fourth position, has faced downturns in both sales and transactions. NodeMonkes has seen a 10.74% drop in sales, amounting to $1.04 million, and an 18.92% reduction in transaction count.
The LockDealNFT collection on the BNB Chain has surged to the fifth spot, experiencing a staggering 563% increase in sales volume to $871,689. This surge has played a significant role in driving the BNB Chain's overall sales, which totaled $973,655 for the day.
LockDealNFT's performance has contributed to the BNB ecosystem's strong showing, making it the day's fourth highest-selling blockchain network.
Outside the top five, an Avalanche collection has made a notable appearance in the top 10, supported by Dokyo's 87% surge to $481,021.
The surge in Froganas's sales and market activity underscores the NFT market's dynamism and the growing popularity of Solana as a platform for digital collectibles. The collection's whimsical frog-themed artwork has resonated with collectors, driving its rapid ascent to the top of the NFT sales charts.
As the NFT market continues to evolve, collectors and investors will be closely monitoring the performance of Froganas and other emerging collections to gauge their long-term trajectory and market value.
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