Bitcoin
$48,192.06+0.38%
Ethereum
$3,475.96-2.52%
XRP
$1.08-1.39%
Cardano
$2.39-1.56%
Polkadot
$34.37-6.54%
Stellar
$0.324303-1.88%
Dogecoin
$0.243268-3.27%
Chainlink
$28.60-4.32%
Uniswap
$24.94-3.44%
Polygon
$1.42+2.33%
Litecoin
$183.33-1.64%
Bitcoin Cash
$633.24-1.09%
Algorand
$1.98-4.71%
Wrapped Bitcoin
$48,193.53+0.39%
Filecoin
$86.24+2.18%
Cosmos
$34.35-7.84%
The Graph
$0.839125-1.66%
Tron
$0.108220-9.32%
Ethereum Classic
$57.54-1.14%
Aave
$363.78-5.56%
Tezos
$6.25-7.37%
EOS
$5.23+3.73%
NEO
$49.63-2.26%
Monero
$267.12+0.47%
IOTA
$1.68+11.55%
BitTorrent
$0.003976-2.27%
Bitcoin SV
$158.00+0.41%
Waves
$29.25-3.59%
Maker
$2,845.11-2.28%
Dash
$203.74-1.24%
Decred
$148.07+0.78%
Decentraland
$0.831454-1.91%
ICON
$1.94-3.12%
NEM
$0.185277-1.72%
Zcash
$140.71+2.09%
Qtum
$12.65-0.03%
NuCypher
$0.334202+0.28%
Bitcoin Gold
$66.70-0.36%
Yearn Finance
$33,958.19-2.10%
OmiseGO
$8.61-0.36%
Basic Attention Token
$0.762800-1.10%
0x
$1.10-1.06%
Ren
$1.08+8.34%
Paxos Standard
$0.990538-0.03%
Fetch.ai
$0.853036-4.93%
Bancor
$4.10-1.74%
Band Protocol
$9.27-3.96%
Siacoin
$0.018665-1.13%
Kava.io
$6.24-0.89%
Nano
$5.60-1.31%
Loopring
$0.462317-1.42%
Storj
$1.39-1.23%
Civic
$0.541967+2.27%
Lisk
$3.57-1.76%
Numeraire
$45.62+3.30%
Orchid
$0.368942-2.16%
PAX Gold
$1,766.90-0.19%
Augur
$26.27-0.60%
Aragon
$5.97-0.50%
Enzyme
$114.64-2.31%
district0x
$0.175149-1.39%
Kyber Network
$1.84-6.98%
SingularDTV
$0.001527+26.60%
Tether
$1.00-0.01%
USD Coin
$1.00+0.01%
Dai
$1.00+0.02%

NFT Markets Post Record-Breaking Week

NFT marketplace OpenSea saw record trading volume on Saturday and Sunday as CryptoPunks, ArtBlocks and Bored Ape Yacht Club prices soared.

Aug 2, 2021 at 11:38 a.m. UTC
Updated Sep 14, 2021 at 1:34 p.m. UTC

Markets for digital collectibles known as non-fungible tokens (NFT) have climbed to record highs in trading volume and average prices in the past week, particularly over the weekend.

  • Trading volume of NFTs on Ethereum reached $171 million, up 338% from the equivalent week in the previous month, OKLink, an OK Group market intelligence subsidiary, told CoinDesk.
  • OpenSea, an NFT marketplace, saw record-breaking trading volume in the past two days. Volume reached $35 million on July 31 and $49 million on Aug. 1 according to on-chain activity monitoring platform DappRadar. Excluding July 31, OpenSea had an average daily trading volume of $8.3 million in July, with a high of $14.4. million on July 17.

Daily trading volume and average prices of NFTs on Ethereum reached record highs over the weekend.

  • The volume of trading for CryptoPunks reached $78.4 million over the weekend, OKLink said. Today, the average price for CryptoPunks reached a record-high 66.919 ETH ($175,520) on OpenSea.
  • Another collection, ArtBlocks Curated, also saw record average price of 8.1216 ETH ($20,990) on July 31, according to OpenSea data.
  • Average prices for Bored Ape Yacht Club (BAYC) digital collectibles hit an all-time high on OpenSea on Sunday. The average price for one of the 10,000 Bored Ape collectibles was 11.2614 ETH ($29,200), according to platform data.
  • A July 30 article in the New Yorker was published just days before the BAYC community came together at a meetup in Venice Beach, California. The collective also held a simultaneous event on virtual world Decentraland.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Loading...