Welcome to the weekly summary of hot events in the Non-Fungible Token (NFT) ecosystem, brought to you by NFTScan, the NFT infrastructure.
Period: November 04, 2024 - November 10, 2024
NFT Hot News
01/ OpenSea's new version will be launched in December, and the waitlist is now open
On November 4, according to official news, the NFT trading platform OpenSea announced that its new version will be launched in December, and the waitlist is now open.
02/ Magic Eden plans to expand to support token trading, and provide launchpad, lending, and other services
On November 6, Magic Eden announced that it will expand from NFT trading to token trading, with Bitcoin, Solana, and other on-chain assets to be tradable on Magic Eden. Furthermore, Magic Eden's vision is to provide trading, lending, launchpad, and other functions covering all assets and all blockchains.
03/ Suilend will airdrop SEND tokens to the PRIME MACHIN NFT community
On November 6, the Sui-based lending protocol Suilend announced on X that the PRIME MACHIN NFT community will receive an airdrop of SEND tokens.
04/ Sonic will take a snapshot of wallets holding six different Sonic Shards on December 1
On November 7, Sonic Labs announced that it will take a snapshot of each wallet holding six different Sonic Shards at 20:00 on December 1. Once the chain goes live, all eligible wallets will be whitelisted to mint exclusive NFTs on Sonic. These NFTs will earn points and be used for S airdrop distribution. Shards acquired through the secondary market (such as PaintSwap) will also be eligible, provided the user holds them before the snapshot.
05/ Lamborghini to collaborate with Animoca Brands and Transak to launch "Revuelto NFT"
On November 7, the luxury car manufacturer Lamborghini Automobili will collaborate with the crypto payment provider Transak to mint its upcoming NFT, which is part of the automaker's Fast ForWorld collaboration with Web3 gaming and Animoca Brands. The NFT will allow users to drive digital Lamborghinis in various games developed by Motorverse.
06/ Rekt Brands, the parent company of NFT project Rekt Drinks, completes $1.5 million seed round
On November 8, Rekt Brands, the parent company of the NFT project Rekt Drinks, announced the completion of a $1.5 million seed round, invested by its community and angel investors.
07/ Stargaze Marketplace v2 launched, offering real-time pricing, NFT custody system, and more
On November 8, the Layer 1 Stargaze, supported by CosmWasm, announced the launch of Stargaze Marketplace v2. The updates include: support for pricing NFTs using more assets like ATOM, USDC, TIA, OSMO; real-time pricing; optimized user interface changes; and an NFT custody system.
08/ Bitcoin NFT project Nervape held a live auction, with $47,800 in proceeds to be used for secondary market NFT buybacks
On November 8, the Bitcoin NFT project Nervape held the "Nervape Auction Night" event in Chiang Mai, auctioning handcrafted skateboards co-designed by Nervape and the outdoor fashion brand RBY. All items were unique. The 5 custom collectibles fetched a total of $23,900. Nervape Studio will also buy the displayed samples at a 1:1 price. The total auction proceeds of $47,800 will be used to buy back Nervape NFTs from the secondary market at floor price. The NFTs acquired will be stored in a public address, and the BonePoints earned by these NFTs will be used for Nervape ecosystem building.
09/ Scallop to airdrop SCA tokens to SuiPlay Mythic NFT holders in 2025
On November 9, the Sui-based lending protocol Scallop announced that it will airdrop SCA tokens to holders of the SuiPlay Mythic NFT in 2025.
10/ The inaugural Global NFT Developer Summit NFTCON 2024 will be held on November 11 in Bangkok, Thailand, on the eve of Devcon
On November 10, the inaugural Global NFT Developer Summit NFTCON 2024, co-initiated by PANews and NFTScan, will be held on November 11 in Bangkok, Thailand, on the eve of Devcon. The event has already received support from institutions including BNB Chain, UniSat, Mint Blockchain, Coin98, RareShop, imToken, GoPlus, Dagora, and Ready Player Club.
As an extensible crypto asset, Non-Fungible Tokens (NFTs) have shown immense market potential in consumer-facing applications. These new assets not only provide proof of digital asset ownership but also bring more diverse and personalized choices and experiences to consumers. This event will delve into the widespread applications of NFTs in areas such as MEME, social, culture, business, and social charity, exploring the current status and future development opportunities of NFTs.
NFT on-chain data
01\ Overview of Multi-Chain NFT Data
As of November 11, 2024, NFTScan currently supports 25 mainstream blockchain networks: Bitcoin, Ethereum, BNB Chain, Polygon, Solana, Mint, Avalanche, Arbitrum, Optimism, zkSync, Sei, Starknet, Aptos, Mantle, Linea, Base, TON, Blast, Gravity, Scroll, Viction, Fantom, Moonbeam, PlatON, and Cronos. The data generated includes:
Number of NFT contracts: 5,069,040
Number of NFT assets: 2,267,236,323
Number of on-chain NFT records: 7,524,522,008
Total market value of NFTs: $21,640,344,095
Total historical NFT trading volume: $107,043,386,461
02\NFT Trading Market Trends
This week: OpenSea dominates the market, with the overall trading volume reaching its peak on November 5, with OpenSea's market volume peaking at $4.821 million at 0:00. NFTScan has recorded 233 trading markets with a total 7-day trading volume of $65.4M. This week, OpenSea ranked first in trading volume, with a relatively stable market distribution. The top six trading markets and their market share are:
OpenSea: $23,303,784 (35.49%)
Blur: $17,613,063 (26.71%)
Element: $6,057,245 (9.26%)
Tensor: $4,078,091 (6.23%)
MagicEden: $3,587,587 (5.46%)
CryptoPunks: $3,536,504 (5.41%)
03\Trends of Top NFT Blue Chips
Currently, the total market value of 19 blue-chip NFT contracts is 818,928 ETH, accounting for 26.07% of the total NFT market value.
This week: The total trading volume of blue-chip NFTs was 4.94k ETH, and the total market trading volume was 11.38k ETH, reaching a peak of around 961.1 ETH on November 8 at 00:00.
04\TOP 10 Wallets
NFTScan has analyzed the top 1,000 NFT holding value wallet addresses, and the current top 10 are as follows:
Top1 wallet:
0xab14624691d0d1b62f9797368104ef1f8c20df83
This wallet address holds 4,815 NFTs (including 3 NFT Collections), with a current holding value of 64,785 ETH ($203,528,571.71) and 7,459 interactions.
05\NFT Project Ranking
The top 10 most popular and highest-trading Non-Fungible Token (NFT) projects on the Ethereum network are shown in the image below:
This week, Pudgy Penguins ranked first, with the floor price stabilizing around 9.18e last week and a 7-day trading volume of 1,539e. CryptoPunks ranked second with a trading volume of 1,231e, and the current floor price is 26.4e. BAYC ranked third with a trading volume of 870e, and the current floor price is 11e. Most blue-chip NFTs have seen an overall increase in market trading volume and floor price.
06\Hot NFT Highlights
The hot NFT this week is the Pudgy Penguins series:
The data shows that the current floor price is stable at 9.18 ETH, the highest transaction price is 420 ETH, and the total transaction volume on Ethereum has exceeded 420.3k ETH. Over the past 7 days, the transaction distribution is mainly Blur: 1.34k (94.87%); OpenSea: 72.56 (5.13%) in ETH, with a total of 190 transactions.
