Sentry Nodes License NFTs Explode In Sales Today – Arbitrum NFT Sales Jump +300%

Updated: 04 January 2024

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Sentry Nodes License, a new non-fungible token collection exclusively hosted on the blockchain network Arbitrum, has seen exponential growth in recent weeks. In the past 24 hours, the Sentry Nodes NFT collection has exploded in sales volume, pushing the Arbitrum-based NFT up over 300% in sales volume.

Arbitrum NFT Sales Jump +300%

Data compiled by CryptoSlam.io, an on-chain data aggregator, indicates that non-fungible tokens hosted on the Arbitrum, an Ethereum layer two blockchain networks, have surged in their trading sales volume. In the past 24 hours, Arbitrum has recorded an NFT trading sales volume of $1.3 million, representing a 324% spike from the previous day.

The Sentry Nodes License NFT collection is the major contributor to the Arbitrum NFT sales volume. In the past 24 hours, the NFT collection has attracted a trading sales volume of $1.1 million. During this period, Sentry Nodes Licence NFTs trading sales volume surged 758%.

Launched earlier last month, the Sentry Nodes Licence is a non-fungible token collection that is required to operate a Sentry Node in the Xai network. The Sentry License serves as proof of eligibility for a node to submit claims and receive rewards. The NFT collection features a limited edition of 30,937 NFTs hosted on Arbitrum.

Polygon NFT Sales Jump 23% In The Past 24 Hours

In related reports, Polygon, another Ethereum scaling solution, has also seen some positive gains today. In the past 24 hours, Polygon NFT collections have recorded a trading sales volume of $3.6 million, representing a 23% spike from the previous day.

The surge is attributed to the success of Gas Hero NFTs from the Web3 game, contributing nearly $3 million to the spike. Gas Hero Common has contributed the largest market share, amassing a trading sales volume of $974,933, while Gas Hero Coupon raised a sales volume of $590,675.