Welcome to the weekly summary of hot NFT ecosystem events produced by NFT infrastructure NFTScan.
Period: 2024.11.25~ 2024.12.01
NFT Hot News
01/ Pudgy Penguins: Pudgy Toys will be available again in Walmart stores in 2025
On November 25, the NFT project Pudgy Penguins tweeted that Pudgy Toys will be available again in Walmart stores in 2025.
02/ Lumoz launched the esMOZ exchange function, users can get NFT for free and exchange esMOZ for MOZ
On November 25, the modular computing layer & RaaS platform Lumoz will open the esMOZ exchange for MOZ function at 16:00 on November 25. Users can use Lumoz OG NFT to exchange esMOZ for MOZ in advance at a 1:1 ratio without any lock-in period. Lumoz OG NFT is divided into three different scarcities, and each scarcity corresponds to a different esMOZ exchange amount. The official promise is that all NFTs will be distributed free of charge through multiple channels.
03/Mint Blockchain and RedotPay reach strategic cooperation to build consumer PayFi network
On November 26, Mint Blockchain announced today that it has reached a strategic cooperation with RedotPay, a leading global crypto payment solution company, to jointly promote the construction of the PayFi consumer network and accelerate the popularization of cryptocurrency payments in real life. RedotPay currently serves more than 3 million global users and provides solutions for direct cryptocurrency payments without deposits. Through its RedotPay card, users can withdraw local currency at ATMs around the world or swipe the card directly at more than 44 million merchants.
Mint and RedotPay jointly launched a consumer welfare activity. Users who register through the Mint official invitation link can enjoy a $10 consumer bonus, which can be collected after completing the card opening. In addition, users will also receive an exclusive PayFi NFT badge issued on the Mint chain for their first consumption, which has the right to future airdrops on the Mint Blockchain. Mint and RedotPay will continue to deepen their business, help integrate encrypted payment technology with the Mint network, and promote the implementation of more Web3 consumption scenarios.
04/ Kraken will shut down its NFT market
On November 27, The Block reported that the cryptocurrency exchange Kraken will close its NFT market to free up resources for upcoming projects. After November 27, 2024, users will not be able to list, bid or sell NFTs on Kraken's NFT market, but can only withdraw assets. The market will be completely closed on February 27, 2025.
05/ ZachXBT questioned Moonrock Capital executives for damaging retail investors’ interests through unfair distribution in incubating NFT projects
On November 29, crypto detective ZachXBT responded to Moonrock Capital CEO and partner Simon’s tweet mentioning the fundamentals of Web3, “You incubated multiple projects in the last cycle that directly harmed retail traders through unbalanced distribution, so I’m not sure if you should talk about the fundamentals of Web3.” The projects pointed out by ZachXBT include Degen Ape Academy NFT and Punks On Solana NFT.
06/ memelab is launched on Sei Network, supporting free creation of memes and minting them as NFTs
On December 1, Sei Network recently launched the memelab platform, which supports users to create memes for free on the Sei blockchain and mint them into NFTs.
07/ Sonic Labs completes wallet snapshots of six different Sonic Shard holders
On December 1, Sonic Labs (formerly Fantom) tweeted that it had completed a snapshot of the wallets of six different Sonic Shard holders at 20:00 on December 1. Qualified wallets were whitelisted and can mint exclusive NFTs after the mainnet goes live. The NFT will give holders points for the upcoming 200 million S token airdrop. In addition, Shards obtained through secondary markets (such as PaintSwap) are also eligible, but must be held before the snapshot.
08/ In November, NFT sales on the Ethereum chain exceeded US$200 million, a record high since May this year, with more than 500,000 transactions
On December 1, data showed that NFT sales on the Ethereum chain exceeded $200 million in November, currently reaching $204,020,400.47, setting a record high since May this year. In addition, the NFT transaction volume on the Ethereum chain reached 501,765 last month, of which the number of independent buyer addresses was about 75,360 and the number of independent seller addresses was about 64,254.
09/ In November, NFT sales on the Bitcoin chain exceeded US$185 million, reaching a new high since June this year
On December 1, data showed that the sales of NFTs on the Bitcoin chain exceeded $185 million in November, reaching $185,311,772.98, setting a record high since June this year. In addition, the transaction volume of NFTs on the Bitcoin chain reached 219,727 last month, of which the number of independent buyer addresses was about 68,189 and the number of independent seller addresses was about 44,634.
10/ Total NFT sales on Solana chain exceeds $6 billion
On December 1, the latest data showed that the total NFT sales on the Solana chain has exceeded US$6 billion, currently reaching US$6,007,867,734. The total number of NFT transactions on the chain has reached approximately 59.473 million, of which the number of independent seller addresses is approximately 5.427 million and the number of independent buyer addresses is approximately 2.873 million.
NFT on-chain data
01\ NFT multi-chain data overview
As of December 2, 2024, NFTScan currently supports 25 mainstream blockchain networks including Bitcoin, Ethereum, BNBChain, Polygon, Solana, Mint, Avalanche, Arbitrum, Optimism, zkSync, Sei, Starknet, Aptos, Mantle, Linea, Base, TON, Blast, Gravity, Scroll, Viction, Fantom, Moonbeam, PlatON, and Cronos, generating a total of:
Number of NFT contracts: 5,227,073
Number of NFT assets: 2,226,722,520
Number of NFT on-chain records: 6,995,843,963
Total NFT asset market value: $32,997,076,949
Total NFT historical transaction volume: $103,438,259,609
02\NFT Trading Market Trends
This week: OpenSea dominated the market, and the overall transaction volume reached its highest on December 1. At 0:00, the Blur market reached a maximum of $11.404 million. NFTScan included 233 trading markets with a total transaction volume of $133M in 7 days. This week, Blur's transaction volume ranked first, and the market transaction volume distribution was relatively stable. The top six trading markets and their distribution ratios are as follows:
Blur: $48,524,207 (36.49%)
OpenSea: $34,279,249 (25.78%)
CryptoPunks: $17,320,718 (13.03%)
Element: $9,808,585 (7.38%)
Tensor: $6,935,545 (5.21%)
MagicEden: $6,501,710 (4.89%)
03\Top NFT Blue Chip Trends
The current total market value of the 19 blue-chip contracts is 1,081,290 ETH, accounting for 24.73% of the total NFT market value.
This week: The total transaction volume of blue-chip NFTs was 19.63k ETH, the total market transaction volume was 29.62k ETH, and as of 00:00 on December 1, the transaction volume reached a maximum of approximately 7187 ETH.
04\TOP 10 Wallets
NFTScan analyzed the top 1,000 NFT holding value wallet addresses, and the current top 10 holding value are shown in the figure below:
Top1 Wallet:
0xab14624691d0d1b62f9797368104ef1f8c20df83
This wallet address holds 4,815 NFTs (including 3 NFT Collections), currently holds 64,785 ETH ($238,258,513.51), and has 7,459 interactions.
05\NFT Project Ranking List
The top 10 NFT projects with the highest transaction volume on the Ethereum network are shown in the figure below:
This week, BoredApeYachtClub ranked first, with the floor price stable at around 21.55e last week, and a 7d transaction volume of 5,819e; CryptoPunks ranked second with a transaction volume of 4,592e, and the current floor price is 42.99e; Pudgy Penguins ranked fourth with a transaction volume of 4,064e, and the current floor price is 15.5e; the overall market transaction volume and floor price of most blue-chip NFTs showed an upward trend.
06\Popular NFT Express
This week’s popular NFT is the BoredApeYachtClub series:
Data shows that the current floor price is stable at 22.69 ETH, the highest transaction price is 1,080.69 ETH, and the total transaction volume on Ethereum has exceeded 1.9M ETH. The transaction distribution in the past 7 days was mainly Blur: 3.54k (62.47%); OpenSea: 2.05k (36.20%); X2Y2: 56.45 (1.00%); LooksRare: 18.5 (0.33%) units of ETH, and the number of transactions in 7d reached 327 times.
