What’s In A Name? Ethereum Domain Name Sales Climb 2,300%
Ethereum domain name sales have shot up to a colossal 2,300% with many big names like Vitalik Buterin (vitalik.eth), Paris Hilton (parishilton.eth), and the like rushing into the hype of buying the 3-digit domain identities. The exclusivity and simplicity that Ethereum Name Service (ENS) domain names have is what makes it irresistible and enticing to many users. Suggested Reading | SEC, Ripple Agree To Extend Legal Battle Until 2023; XRP Bears The Brunt Of Case What is ENS? The Ethereum Name Services (ENS) shortens long-winding and cumbersome crypto addresses into short and sweet....
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Ethereum is the second-largest cryptocurrency in the market. Its popularity has led to a number of integrations to make transactions easier for its users. Even upgrades like ETH 2.0 are working towards this same goal. Ethereum wallets are not hard to get or operate, as long as one understands how cryptocurrencies work. But instead of having to paste your wallet address to receive payment in ETH, what if you could just receive the coins to your website domain? A new integration has made this a reality. Now, owners of a .com domain name can use their domains as an Ethereum wallet. Domain....
Non-fungible token (NFT) sales managed to climb higher during the last seven days than the previous week’s overall sales. This week’s NFT sales managed to jump over 6.3% after recording more than $153 million in sales compared to last week’s $144 million.
Non-Fungible Token Sales This Week Climb More Than 6% Higher, 2 NFT Collections Jump More Than 279% in 7 Days
NFT sales have gained 6.39% across 17 different blockchains that support NFT technology. Ethereum-based NFTs were the most sold as the chain saw $127 million out of the week’s $153....
Ahead of the upcoming Merge, ENS domains have reached the top of OpenSea’s seven-day chart in trading volume. Ethereum Name Service (ENS) domain names have surpassed Bored Ape Yacht Club (BAYC) as the most traded asset on NFT marketplace OpenSea over the last seven days — seemingly ahead of the Ethereum Merge. According to OpenSea data, the weekly volume of the Ethereum domain NFTs eclipsed 2,249 ETH at the time of writing, beating out RTFKT Clone X (1,992 ETH) and Bored Ape Yacht Club (1,777 ETH).ENS domains are a distributed, open and expandable naming system on the Ethereum blockchain....
During the last week, non-fungible token (NFT) sales volume has managed to climb 1.9% higher than the week prior with $85 million in NFT sales in seven days. However, the number of NFT buyers slid by 12.63%, and the number of NFT transactions is down 19.19% on October 23, 2022.
NFT Sales Record a Slight Increase, Number of NFT Transactions Slides 19% Lower
While NFT sales are a lot lower than they were a few months ago, this past week with $85,068,480 in sales volume according to cryptoslam.io, NFT sales are up 1.9%. The top collection this week selling the most NFTs stemmed....
XRP price shoots 6% over the past 24 hours despite suffering a slump of 28% on April 16. The crypto was able to bounce back on May 1 and get stronger by the day with a surge of 12%. XRP is set on its road to recovery in the coming weeks. Suggested Reading | What’s In A Name? Ethereum Domain Name Sales Climb 2,300% XRP’s expected jump would be at 30% in Q2 this year. (Image credit: Dreamstime.com) Ripple (XRP) – Pioneering The Crypto Scene XRP was one of the frontrunners of the early crypto market alongside Bitcoin and Ethereum. It is was one of the pioneers of the early cryptocurrency....