Ethereum Watch

Ethereum’s NFT activity indicates dwindling interest. Ethereum sees midweek network activity surge reflecting a surge in demand. Just two years ago, the NFT market was one of the hottest segments in DeFi, with Ethereum as the leading network. Fast forward to the present and NFT demand is a fraction of what once was. But just […]

Advertisements y00ts’ disclosure of its move to Ethereum has been met with intense debate. NFT sales across blockchains have decreased in the last 30 days. In a surprising turn of events, Polygon [MATIC]-based NFT collection y00ts has made a strategic decision to ignore the possibility of a move back to Solana [SOL]. Instead, it announced […]

Advertisements The NFT volume on the blockchain reached its lowest since November 2022. Blur dominated OpenSea but trading activity on both marketplaces decreased. Once recognized as a thriving landscape of digital art and collectibles, the Ethereum [ETH] NFT market was now experiencing a period of turbulence as activity and volume took a notable downturn. According […]

Advertisements The sales of Ethereum and Polygon-minted NFTs on OpenSea have fallen to their lowest level this year. Blur continues to overshadow OpenSea in terms of monthly trading volume.  The monthly sales volume of Ethereum and Polygon-based non-fungible tokens (NFTs) on the leading marketplace OpenSea has plummeted to its lowest point this year as July […]

Advertisements The number of ETH NFT sellers and buyers grew by more than 20% last month.  ETH’s price declined by nearly 3% last week, and most metrics looked bearish.  Ethereum [ETH] NFTs were having a hard time for quite a few months as the number of mints plummeted. However, the scenario witnessed a trend reversal […]

Advertisements Top ETH NFT collections such as BoredApe and CryptoPunks have witnessed a drop in their floor price. ETH’s on-chain metrics were bearish, suggesting that investors must wait for another price pump.  Ethereum’s [ETH] state in the NFT ecosystem seemed to have been dwindling for quite some time as the prices of its top NFT […]

Advertisements About 39 Holders who have owned BAYC for more than one year have sold the asset. The collection’s floor price decreased but sales volume outpaced every other one across various blockchains. Some long-term holders of Bored Ape Yacht Club [BAYC] have let go of their NFTs, according to information from Nansen. In its 23 […]

Advertisements Ethereum inscriptions launch with 10,000 Ethereum punk inscriptions in 24 hours. Ethereum dominance of the NFT space continues with blue-chip NFTs. Recent reports suggest Ethereum is treading a similar path to Bitcoin when pioneering the inscription of NFTs on its platform. In line with the concept of Bitcoin inscriptions, a new feature called Ethscriptions […]

Advertisements Bitcoin’s voyage into the NFT market has made it a strong contender for Ethereum’s position. The migration of some Solana NFTs to Polygon has negatively affected its volume. Sales of various assets in the NFT world significantly surged as the usual suspect, Bored Ape Yacht Club [BAYC], registered the most volume. With $18.16 million, […]

Advertisements Blur’s NFT lending protocol witnesses a massive spike in activity. Ethereum NFTs such as CryptoPunks, Azuki and Milady Makers take the spotlight. The NFT market has been seeing lots of volatility, as interest in the space hasn’t been as consistent. However, the performance of Blur Blend could indicate a turn in tides. Is your […]