Welcome to the weekly summary of hot NFT ecosystem events produced by NFT infrastructure NFTScan.
Period: 2024.07.22~2024.07.28
NFT Hot News
01/ Data: NFT series Liberty Cats floor price exceeds 70,000 MATIC
On July 22, according to Magic Eden data, the floor price of the NFT series Liberty Cats exceeded 70,000 MATIC and is now reported at 70,976 MATIC (about US$39,000), with a 24-hour increase of 0.99%.
02/ Data: NFT sales on Solana reached $4.85 million in 24 hours, surpassing Ethereum
On July 22, according to CryptoSlam data, Solana’s 24-hour NFT sales reached US$4.85 million, surpassing Ethereum (approximately US$4.63 million) to rank first.
03/ LayerBank announced that Mint Blockchain has joined its seed round and reached a strategic cooperation with it
On July 23, lending protocol LayerBank announced on the X platform that Ethereum native L2 network Mint Blockchain has joined its seed round and established a strategic partnership with it. The two parties will jointly explore and build the Mint Blockchain ecosystem and enhance LayerBank's products. LayerBank said its integration with Mint Mainnet marks an important milestone and enhances the user's MintExpedition experience.
04/ Pudgy Penguins parent company Igloo completes over $11 million in financing, led by Founders Fund
On July 23, Igloo, the parent company of Pudgy Penguins, announced that it had completed over $11 million in financing, led by Founders Fund, with participation from Distributed Capital, 1kx, Everest Ventures Group and Selini Capital. Igloo plans to use this strategic financing to develop its new business Cube Labs, oversee and participate as a contributor in the development of the consumer-focused blockchain Abstract, which is incubated by the non-profit Abstract Foundation, and the test network will be launched soon.
05/ MintSwap Finance will release MS404 NFT at 8:00 p.m. Beijing time tonight
On July 24, MintSwap Finance will sell 3,000 MS404 NFT assets at 20:00 Beijing time on July 24. MintSwap Finance is a native DeFi protocol on Mint Blockchain, with functions such as DEX, NFT Marketplace, and NFT Staking. The MS404 NFT issued this time is the native economic model asset of the MintSwap protocol, with the characteristics of mixed graphics and coins, and is endowed with multiple platform rights, including protocol income rights, governance rights, future airdrop rights of Mint Blockchain, and rights empowerment of other ecological partners.
06/ Doodles launches Doodles TV media platform and launches pass in partnership with Base
On July 24, Doodles released Doodles TV, a token-gated platform where fans can watch premieres and experience exclusive content. Next week, Doodles will also launch a super pass in cooperation with Base Chain to allow users to unlock Onchain album covers and movie posters in advance.
07/ inBetweeners will take a snapshot of OG Bear and other holders and distribute airdrops based on the number of holdings
On July 26, the NFT series inBetweeners announced on Discord that it will take a snapshot of OG Bear, D&G Drip Bear, and Black Kit holders and distribute BLUE token airdrops based on the number of holdings. The official said that if the holder's NFT is listed when the snapshot is taken, he will not receive an airdrop share.
08/ Zora proposes Spark as a new unit of “one millionth of Ethereum”
On July 26, NFT market and L2 network Zora tweeted that it proposed Spark as the new name for the unit of "one millionth of Ethereum" and chose "✧" as the unicode symbol for the unit. Among them, 1 Spark is 0.000001 ETH, and 1 ETH is 1 million Sparks. Officials said that in the next few weeks, the team will convert its mobile testing into a Sparks native experience.
09/ Total NFT sales on Ethereum chain exceeded 44 billion US dollars
On July 27, data showed that the total NFT sales on the Ethereum chain exceeded US$44 billion, currently reaching US$44,019,257,937. The total number of transactions on the chain exceeded 49 million, the number of buyers on the chain was approximately 3.278 million, and the number of sellers on the chain exceeded 1.901 million.
10/ Solana’s total market value has surpassed BNB and ranks 4th
On July 27, according to CoinMarketCap data, Solana's total market value has surpassed BNB and ranked fourth. The current price of SOL is 186 USDT, with a 24-hour increase of 3.79%.
NFT on-chain data
01\NFT multi-chain data overview
As of July 29, 2024, NFTScan currently supports 24 mainstream blockchain networks including Bitcoin, Ethereum, BNBChain, Polygon, Solana, Mint, Avalanche, Arbitrum, Optimism, zkSync, Sei, Starknet, Aptos, Mantle, Linea, Base, TON, Blast, Scroll, Viction, Fantom, Moonbeam, PlatON, and Cronos, generating a total of:
Number of NFT contracts: 4,343,328
Number of NFT assets: 2,013,890,859
Number of NFT on-chain records: 6,526,928,222
Total NFT asset market value: $27,904,588,750
Total NFT historical transaction volume: $106,332,591,754
02\NFT Trading Market Trends
This week: Most trading markets are relatively stable, Opensea dominates the market, and the overall transaction volume reached its highest on July 22. At 0:00, the Opensea market reached a maximum of $4.299 million. NFTScan recorded 233 trading markets with a total transaction volume of $86.7m in 7 days. This week, Opensea's transaction volume ranked first, and the market transaction volume distribution was relatively stable. The top six trading markets and their distribution ratios are as follows:
OpenSea: $25,970,673 (29.92%)
Blur: $22,045,104 (25.40%)
MagicEden: $11,281,341 (12.83%)
Element: $10,125,107 (11.67%)
Tensor: $4,942,911 (5.67%)
CoralCube: $3,635,227 (4.19%)
03\Top NFT Blue Chip Trends
The current total market value of the 19 blue-chip contracts is 649,982 ETH, accounting for 21.48% of the total NFT market value.
This week: The total transaction volume of blue-chip NFTs was 3.67k ETH, and the total market transaction volume was 10.09k ETH. The proportion of blue-chip NFT transactions in the market decreased. As of 00:00 on July 10, the transaction volume reached a maximum of about 662.6 ETH.
04\TOP 10 Wallet
NFTScan analyzed the top 1,000 NFT holding value wallet addresses, and the current top 10 holding value are shown in the figure below:
Top1 Wallet:
0xab14624691d0d1b62f9797368104ef1f8c20df83
This wallet address holds 4,815 NFTs (including 3 NFT Collections), currently holds 64,785 ETH ($218,831,421), and has 7,459 interactions.
05\NFT Project Ranking List
The top 10 most popular and traded NFT projects on the Ethereum network are shown below:
This week, Pudgy Penguins ranked first, with the floor price stable at around 10.65e last week, and a 7d transaction volume of 1,072e; BoredApeYachtClub ranked second with a transaction volume of 834e, and the current floor price is 9.44e; Milady ranked third with a transaction volume of 720e, and the current floor price is 5.45e; the overall market transaction volume and floor price of most blue-chip NFTs have a downward trend.
06\Popular NFT Express
This week’s popular NFT Pudgy Penguins series:
On July 23, Pudgy Penguins' parent company Igloo announced that it had completed over US$11 million in financing. This round of financing was led by Founders Fund, with participation from Distributed Capital, 1kx, Everest Ventures Group and Selini Capital.
Data shows that the current floor price is stable at 10.64 ETH, the highest transaction price is 420 ETH, the 7d transaction volume is about 1072 ETH, and the total transaction volume on Ethereum has exceeded 402.7 ETH. The transaction distribution in the past 7 days was mainly Blur: 1.04k (95.95%), Opensea: 33.24 (3.07%), magicEden: 10.6 (0.98%) units of ETH, and the number of 7d transactions reached 116 times.
