Solana NFT Sales Jump 26% Today, As Mad Lads NFT Floor Price Hits All-time High

Updated: 14 November 2023

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The non-fungible token market continues thriving, with NFTs now starting to hit new highs. Mad Lads, a Solana-based NFT collection, is a perfect example, with its floor price hitting a new all-time high. The Mad Lads NFT sales, alongside other factors, have pushed Solana NFT sales up 25% in the past 24 hours.

BREAKING: @solana-BASED @MadLadsNFT FP HITS NEW ALL-TIME-HIGH IN $USD – ~$4.5K pic.twitter.com/LbiTjOjFYi

— DEGEN NEWS 🗞️ (@DegenerateNews) November 13, 2023

Solana NFT Sales Volume Jumps 26% Today

Data compiled by CryptoSlam.io, an on-chain data aggregator, Mad Lads NFT collection is currently up in trading sales volume. In the past 24 hours, Mad Lads NFT collection has recorded a sales volume of $762,010, representing a 62% surge from the previous day. Mad Lads NFT floor price has hit a new all-time high of $4,500.

Launched on April 20, 2023, Mad Lads is a non-fungible token collection featuring a limited set of 10,000 anime-themed NFTs hosted on the Solana blockchain network. The NFT project was created by the Solana framework development company Coral, led by Armani Ferrante and Tristan Yver.

Mad Lads creator Coral is popularly known for its Backpack, an all-in-one wallet app. Backpack is built around “executable NFTs” (xNFTs), the next generation of NFTs. xNFTs are essentially non-fungible tokens embedded with executable programming scripts.

Mad Lads NFT Floor Price Hit New All-Time High

Mad Lads NFT creator announced plans to launch a cryptocurrency exchange platform in Dubai. The regulated crypto exchange, Backpack Exchange, has secured a Virtual Asset Service Provider license for Exchange Services from the Dubai Virtual Assets Regulatory Authority.

Following the recent bullish news concerning its sister crypto exchange, “Backpack Exchange,” Solana’s Mad Lads NFT floor price has soared to a new all-time high. Mad Lads NFT collection is now the biggest thing in NFTs, appearing in the ten top traded NFT collection lists in the past 24 hours.

Source: CryptoSlam.io, Mad Lads NFT Trading Sales Activity

On November 13, Mad Lads NFTs floor price topped 82.37 SOL on secondary marketplaces, which equates to $4,480 based on the current price of Solana. The recent surge was about twice as much as the previous all-time USD high for Mad Lads before November. It’s worth noting that Solana has surged in recent weeks, pumping 148% over the past 30 days to a current price above $54.