In the NFT market, Ethereum Name Service (ENS) Taking center stage with revenue of over $4.27 million. The Ethereum Name Service uses NFT technology in a decentralized URL approach on the Ethereum blockchain, although it is not an NFT collection itself. Users can use this method to convert addresses on Ethereum into an easy-to-read format. Essentially, ENS domain registration grants you a unique NFT linked to a domain name of your choice, which you can then transfer or sell like any other NFT.
Various best-selling products
Following ENS, the $PIZZA BRC-20 NFT, which is hosted on the Bitcoin blockchain, ranked second with $2.18 million in sales. Although the series topped the charts on Sunday with $7.12 million, its sales have declined. Guild of Guardians Avatars on the Immutable network ranked third with $1.24 million in sales.
Blast’s Fantasy Top series ranked fourth with sales of $987,910, and the Genesis Fanta Field series on Solana broke into the top ten for the first time with sales of $635,539. Left an impact, finishing in sixth place.
Sales were $470,907, Bored Ape Yacht ClubIt is the flagship NFT of Yuga Labs and the second highest-selling NFT ever, ranking eighth on the day. Polygon-based OKX NFT Creation series followed, ranking eighth with $414,817 in sales. Two other Polygon series, the Matr1x Fire Weapon and TTAvatars, also made the top ten, with sales of approximately $350,000 each.
Blockchain segmentation
In terms of blockchain, Ethereum, led by ENS, had the highest daily sales, reaching US$8.45 million, a significant increase from US$4.51 million the previous day. Daily sales on the Bitcoin blockchain were $4.11 million, down from $11.03 million reported on June 9. The transaction volume was larger at $2.44 million. Immutable’s sales were $1.56 million, while Blast Blockchain’s sales were $988,646.
All in all, ENS’ surge in NFT sales, as well as diverse collections and blockchain activity, highlight the growing importance and vitality of the NFT market.
