In the nft market, the ethereum Naming Service (ENS) took center stage with revenue exceeding $4.27 million. The ethereum naming service uses nft technology in its decentralized URL method on the ethereum blockchain, although it is not an nft collection itself. Users can convert addresses on ethereum to formats that are easy to read with this method. In essence, an ENS domain registration gives you a distinct nft that is linked to the domain name of your choice, which you can then transfer or sell like any other nft.
Wide range of best-selling products
Following closely behind ENS, the $PIZZA BRC-20 nfts, hosted on the bitcoin blockchain, secured the second position with $2.18 million in sales. Although it topped the charts on Sunday with $7.12 million, sales of this collection fell. With $1.24 million in sales, Guild of Guardians Avatars on the Immutable network took third place.
With sales of $987,910, Blast's Fantasy Top collection came in fourth place, and with $635,539 in sales, the Genesis Fanta Field collection in Solana made its debut in the top 10. With $583,411 in sales, the DMarket collection, a component of Mythos The network also made its impact, coming in sixth place.
With $470,907 in sales, Bored Ape Yacht Club, a flagship nft from Yuga Labs and the second-biggest seller in history, finished the day in eighth place. The Polygon-based OKX nft Creation series came in just behind, taking eighth place with $414,817 in sales. With sales of around $350,000 each, two more Polygon collections, Matr1x Fire Weapon and TTAvatars, rounded out the top 10.
Blockchain Breakdown
As for the blockchain, ethereum, under the leadership of ENS, saw the most daily sales, which amounted to $8.45 million, a notable increase from $4.51 million the previous day. . Daily sales volume on the bitcoin blockchain was $4.11 million, a decrease from $11.03 million reported on June 9. Sales on the Solana blockchain were $2.68 million, however, transactions on the Polygon blockchain totaled $2.44 million, which was a higher volume. Immutable recorded $1.56 million in sales, while Blast blockchain recorded $988,646 in sales.
In summary, the increase in ENS nft sales, coupled with a wide range of collections and blockchain activity, underscores the growing prominence and dynamism of the nft market.
