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NFT News

Solana’s Froganas Tops NFT Market, Sales Soar to $1.45M

Based on data from CryptoSlam, this rise indicates a 20.49% increase in sales.

Written By:
Jalpa Bhavsar

Last updated: April 7, 2024 12:48 AM
Published 2024-04-06
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Solana Network Faces Slowdown Due to Validator Issues

A remarkable sales performance on Friday propelled Solana’s Froganas collection to the top of the non-fungible token market, with the collection accumulating US$1.45 million in the 24 hours leading up to 11 a.m. ET.

Based on data from CryptoSlam, this rise indicates a 20.49% increase in sales. Market activity within the collection surged significantly, witnessing a 24.95% increase in transactions to 3,701, surpassing Pandora, an Ethereum-based ERC-404 collection, to claim the top spot.

Despite leading yesterday’s sales chart, Pandora experienced a 28.53% decline in sales volume but still maintained its position in third place with $1.16 million. Second place went to Yuga Labs’ Ethereum monkey-themed collection, Bored Ape Yacht Club (BAYC), with US$1.22 million.

Sales and transactions of Bitcoin’s NodeMonkes decreased at rank four. NodeMonkes saw an 18.92% decrease in transactions and a 10.74% decline in sales, totaling US$1.04 million.

With a 563% gain to US$871,689, the LockDealNFT collection on the BNB Chain surged to the fifth position and contributed significantly to the bulk of the chain’s sales, which came to US$973,655 for the day.

LockDealNFT became the fourth-highest-selling chain of the day by contributing to the BNB ecosystem’s performance. After Dokyo’s 87% increase to US$481,021, an Avalanche collection made a rare appearance in the top 10 at nine.

Also Read: Fantom Creator Backs Solana Amid Transaction Failures

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Jalpa Bhavsar- Senior crypto journalist at The Crypto Times
By Jalpa Bhavsar
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Jalpa Bhavsar is a Crypto Journalist with 3 years of experience in crypto, blockchain, AI, digital design, and crypto news reporting. She holds a B.Tech in Computer Science, bringing a strong technical foundation to her writing. Jalpa focuses on delivering clear, accurate, and engaging coverage of the latest trends and developments in the crypto and tech space.

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