Welcome to the weekly summary of hot NFT ecosystem events produced by NFT infrastructure NFTScan.

Period: 2024.11.04~ 2024.11.10

NFT Hot News

01/ The new version of OpenSea will be launched in December, and the waiting list registration is now open

On November 4, according to official news, NFT trading market OpenSea announced that a new version will be launched in December and registration for the waiting list is now open.

02/ Magic Eden plans to expand support for token trading, as well as provide launchpad, lending and other services

On November 6, Magic Eden announced that it will expand from NFT transactions to token transactions, and Bitcoin, Solana and other on-chain assets will be tradable on Magic Eden. In addition, Magic Eden's vision is to provide transactions, debts, launchpads, lending and other functions covering all assets and all chains.

03/ Suilend will airdrop SEND tokens to PRIME MACHIN NFT

On November 6, Sui ecological lending protocol Suilend published a statement on X announcing that the PRIME MACHIN NFT community will receive an ecological airdrop of SEND tokens.

04/ Sonic will take a snapshot of wallets holding six different Sonic Shards on December 1st

On November 7, Sonic Labs announced that it will take a snapshot of every wallet holding six different Sonic Shards at 20:00 on December 1. Once the chain is online, all eligible wallets will be whitelisted to mint exclusive NFTs on Sonic. The NFT can earn points and will be used for the distribution of S airdrops. Shards obtained through secondary markets such as PaintSwap will also be eligible, provided that the user holds them before the snapshot.

05/Lamborghini will cooperate with Animoca Brands and Transak to launch "Revuelto NFT"

Luxury carmaker Automobili Lamborghini will partner with crypto payment provider Transak to mint its upcoming NFTs as part of the automaker’s Fast ForWorld partnership with Web3 Games and Animoca Brands on Nov. 7. The NFTs will allow users to drive digital Lamborghinis in various games developed by Motorverse.

06/NFT project RektDrinks parent company Rekt Brands completed $1.5 million in seed round financing

On November 8, Rekt Brands, the parent company of the NFT project Rekt Drinks, announced the completion of a $1.5 million seed round of financing, invested by its community and angel investors.

07/ Stargaze Marketplace v2 is launched, providing real-time pricing, NFT custody system, etc.

On November 8, Layer 1 Stargaze, supported by CosmWasm, announced the launch of Stargaze Marketplace v2. Updates include: support for pricing NFTs using more assets such as ATOM, USDC, TIA, OSMO, etc.; real-time pricing; optimized user interface changes; NFT custody system, etc.

08/Bitcoin NFT project Nervape held a live auction, and the auction proceeds of $47,800 will be used to repurchase NFTs in the secondary market

On November 8, the Bitcoin NFT project Nervape held the "Nervape Auction Night" event in Chiang Mai, where a handmade table designed by Nervape and outdoor fashion brand RBY was auctioned. All the collections are unique and the five custom collections were auctioned for a total of $23,900. Nervape Studio will also purchase the samples displayed on site at a 1:1 price. In the end, the total auction proceeds of $47,800 will be used to repurchase Nervape NFT at the floor price in the secondary market, and the repurchased NFTs will be uniformly placed in a public address. The NFT holder incentive BonePoints obtained by this address in the future will all be used for Nervape ecosystem construction.

09/ Scallop will airdrop to SuiPlay Mythic NFT holders in 2025

On November 9, Sui ecological lending protocol Scallop announced that it will airdrop SCA tokens to SuiPlay Mythic NFT holders in 2025.

10/ The first global NFT developer summit NFTCON 2024 will be held on November 11 on the eve of Devcon in Thailand

On November 10, the first global NFT developer summit NFTCON 2024 jointly initiated by PANews and NFTScan will be held on November 11 on the eve of Devcon in Bangkok, Thailand. It has received support from many institutions including BNBChain, UniSat, Mint Blockchain, Coin98, RareShop, imToken, GoPlus, Dagora, Ready Player Club, etc.

As a highly scalable encrypted asset, NFT has shown great market prospects in consumer applications. This new type of asset can not only provide proof of ownership of digital assets to provide consumers with strong ownership protection, but also bring consumers more diversified and personalized choices and experiences. This event will explore the current status and future development opportunities of NFT from the perspective of its wide application in MEME, social, cultural, commercial and social charity.

NFT on-chain data

01\ NFT multi-chain data overview

As of November 11, 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: 5,069,040

Number of NFT assets: 2,267,236,323

Number of NFT records on the chain: 7,524,522,008

Total NFT asset market value: $21,640,344,095

NFT historical total transaction volume: $107,043,386,461

NFTScan | 11.04~11.10 NFT market hot spots summary

02\NFT Trading Market Trends

This week: OpenSea dominated the market, with the overall transaction volume reaching its highest on November 5, with the highest volume of OpenSea reaching $4.821 million at 0:00. NFTScan recorded 233 trading markets with a total transaction volume of $65.4M in 7 days. This week, OpenSea ranked first in transaction volume, and the market transaction volume distribution was relatively stable. The top six trading markets and their distribution ratios are as follows:

OpenSea: $23,303,784 (35.49%)

Blur: $17,613,063 (26.71%)

Element: $6,057,245 (9.26%)

Tensor: $4,078,091 (6.23%)

MagicEden: $3,587,587 (5.46%)

CryptoPunks: $3,536,504 (5.41%)

NFTScan | 11.04~11.10 NFT market hot spots summary

03\Top NFT Blue Chip Trends

The current total market value of the 19 blue-chip contracts is 818,928 ETH, accounting for 26.07% of the total NFT market value.

This week: The total transaction volume of blue-chip NFTs was 4.94k ETH, and the total market transaction volume was 11.38k ETH. As of 00:00 on November 8, the transaction volume reached a maximum of around 961.1 ETH.

NFTScan | 11.04~11.10 NFT market hot spots summary

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 ($203,528,571.71), and has 7,459 interactions.

NFTScan | 11.04~11.10 NFT market hot spots summary

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, Pudgy Penguins ranked first, with the floor price stable at around 9.18e last week, and a 7d transaction volume of 1,539e; CryptoPunks ranked second with a transaction volume of 1,231e, and the current floor price is 26.4e; BAYC ranked third with a transaction volume of 870e, and the current floor price is 11e; the overall market transaction volume and floor price of most blue-chip NFTs are on the rise.

NFTScan | 11.04~11.10 NFT market hot spots summary

06\Popular NFT Express

This week’s popular NFTs are the Pudgy Penguins series:

Data shows that the current floor price is stable at 9.18 ETH, the highest transaction price is 420 ETH, and the total transaction volume on Ethereum has exceeded 420.3k ETH. The transaction distribution in the past 7 days was mainly Blur: 1.34k (94.87%); OpenSea: 72.56 (5.13%) units of ETH, and the number of transactions in 7 days reached 190 times.

NFTScan | 11.04~11.10 NFT market hot spots summary