The Resurgence of Ethereum NFTs: New EtherRock NFT Sells for $700K

The Resurgence of Ethereum NFTs: New EtherRock NFT Sells for 0K


EtherRock #19 Sells For +$700K

EtherRock NFT #19 has just sold for $739,015 on the OpenSea NFT marketplace just 19 hours ago. The sales volume for an EtherRock #46 sold for $496,668 and other NFT sales have contributed to a global NFT trading sales volume above $36 million.

Ethereum-Based NFT Collections Surge

The Ethereum network is seeing a resurgence in NFT sales volume, with Ethereum-based NFT collections accumulating a trading sales volume of $18 million in the past 24 hours. The market is cooling off after a short rally.

EtherRock: Early Ethereum NFT Project

Launched in 2017, EtherRock became one of the first crypto collectible NFT projects on the Ethereum blockchain. The collection gained traction during the historic 2021 bull run feature a limited supply of 100 Ethereum NFTs.

Top Traded Ethereum NFT Collections

Pandora, an NFT collection with a set of 10,000 NFTs on Ethereum, has amassed a trading sales volume of $7.3 million. Additionally, CryptoPunks, a collection of 10,000 NFTs, has seen a trading sales volume of nearly $1 million. Meanwhile, Solana-based collections led by Transdimensional, Mad Lads, and Froganas have surged in the past 24 hours.

Hot Take

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Ethereum-based NFT collections are making a comeback with sales volumes surging in the past 24 hours. The resurgence in EtherRock sales is a testament to the revived interest in Ethereum NFTs.

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Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies. Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.