Ethereum NFTs Are So Back – Another EtherRock NFT Has Just Sold For $700K

Disclosure

Updated: 13 February 2024

The information provided on Inside Bitcoins is for educational and informational purposes only and should not be considered financial, investment, or trading advice. Cryptocurrency markets are highly volatile, and investing in digital assets carries significant risk. No profits are guaranteed, and you may lose some or all of your investment. Always invest responsibly and only with funds you can afford to lose.

Join Our Telegram channel to stay up to date on breaking news coverage

Non-fungible token collections hosted on Ethereum, one of the largest blockchain networks in the crypto space, are back in action after suffering a brutal comedown in the past several months. An EtherRock NFT #19 is a testament to the Ethereum NFT market resurgence, selling for 279 ETH or $739,015.

EtherRock 19 purchased for 279 ETH ($739,015)

21 mins ago (Feb-13-2024 05:27:59 AM +UTC)

Txn: https://t.co/aADiwCdMmo #EtherRock #EtherRocks pic.twitter.com/F7WUU3b4HQ

— EtherRock (@EtherRock) February 13, 2024

EtherRock #19 Sells For +$700K

Data recorded by Etherscan.io, a blockchain explorer for the Ethereum blockchain, confirms that an Ether Rock #19 has just sold for $739,015 on the OpenSea NFT marketplace just nineteen hours ago. A few hours ago, another EtherRock #46 sold for $496,668. The EtherRock sales, alongside other NFT sales, have pushed the global NFT trading sales volume above $36 million.

Source: Cryptoslam.io. EtherRock NFT trading activity

Ethereum, the broadly adopted blockchain network, has seen a significant resurgence, marking a rise in NFT sales volume. In the past 24 hours, Ethereum-based NFT collections have amassed a trading sales volume of $18 million. The Ethereum NFT market is cooling after a short market rally.

Source: Cryptoslam.io, NFT sales by blockchains

Launched in 2017, EtherRock was one of the first crypto collectible non-fungible token collection projects on the Ethereum blockchain network, having launched just a few months after CryptoPunks NFTs. EtherRock, an NFT collection featuring a limited supply of 100 Ethereum NFTs, gained traction during the historic 2021 bull run.

Top Traded Ethereum NFT Collections Today

Source: Cryptoslam.io, five top-selling NFTs today

Pandora, an NFT collection featuring a fixed set of 10,000 NFTs hosted on the Ethereum network, is today’s most traded NFT collection. In the past 24 hours, the Pandora NFT collection has amassed a trading sales volume of $7.3 million. Pandora NFT collection has cooled off after a short rally.

CrytoPunks, an NFT collection previously from the digital asset incubation studio but now owned by Bored Ape Yacht Creator Yuga Labs, is another top-traded Ethereum NFT collection. In the past 24 hours, CryptoPunks, an NFT collection featuring a limited set of 10,000 NFTs, has amassed a trading sales volume of nearly $1 million.

Elsewhere, the Solana-based NFT collection led by Transdimensional, Mad Lads and Froganas has seen a significant surge today. In the past 24 hours, the Transdimensional NFT collection has raised a trading sales volume of $1.1 million, while the Mad Lads have raised a trading sales volume of $929,601.