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Solana's Froganas and Howdy Hats Lead NFT Sales Surge, Ethereum's BAYC Maintains Strong Position

Mar 25, 2024

Solana's Froganas and Howdy Hats Lead NFT Sales Surge, Ethereum's BAYC Maintains Strong Position
Solana's Froganas and Howdy Hats Lead NFT Sales Surge, Ethereum's BAYC Maintains Strong Position
Solana's Froganas and Howdy Hats Lead NFT Sales Surge, Ethereum's BAYC Maintains Strong Position

On Monday, Solana-based NFT collections, including Froganas and Howdy Hats, exhibited impressive performances with a significant surge in sales and transactions. Froganas experienced a notable 111.88% increase in sales, reaching $1.16 million, accompanied by a doubling of transactions, while Howdy Hats saw a 19.12% rise in sales and an 184.55% increase in transactions. Despite their strong showings, Solana's NFTs trailed behind Ethereum and Bitcoin in overall blockchain NFT sales. Ethereum's Bored Ape Yacht Club (BAYC) by Yuga Labs recorded a 24.48% increase in sales, reaching $1.02 million, maintaining its position as the second-highest in all-time sales with $3.1 billion. These three projects were the only ones to achieve at least $1 million in sales on Monday. Meanwhile, DMarket on Mythos Chain recorded just under $1 million in sales, ranking as the fourth-best performing collection. Bitcoin's NodeMonkes and JIGO BRC-20 NFTs experienced downturns in both sales and transactions, while uncategorized BRC-20 and Ordinals assets on the Bitcoin network posted $1.9 million and $2.6 million in sales, respectively, exceeding the entire Polygon network's sales of $1.01 million and ranking fourth in the day's blockchain rankings.