• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Polymarket Set To Go Live In The US Following CFTC Approval, Says CEO
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Polymarket Set To Go Live In The US Following CFTC Approval, Says CEO
Ethereum

Ethereum Leads And Breaches $25 Billion Mark In All-Time NFT Sales

Christian Encila
by Christian Encila
3 years ago
·
Posted in Ethereum, NFT
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

All eyes are on Ethereum as it eclipses other blockchains in the NFT space. At $25 billion, Ethereum is now dubbed the leading blockchain in terms of all-time sales volume. 

As of May 31, the crypto has reached $27.50 billion in total sales volume. Ethereum is the topmost blockchain for NFT transactions such as holding, buying, and selling NFT collectibles. 

Suggested Reading | South Korea To Pour $177 Million Into Metaverse Projects

Ethereum is now dubbed the leading blockchain in terms of all-time sales volume (The Daily Hodl). 

Ethereum HODLers Aggressive Despite Market Crash

The recent uptick in total sales volume is a breakthrough for Ethereum, considering that it has been bearish as it dipped below $2,000 this month with a poor market cap that’s under $250 billion. 

Hodlers have held more than half of the ETH in circulation for more than a year despite the bearish outlook. They started beefing up their ETH balances in January 2022, and their balance grew following every crash. 

Most HODLers accumulated ETH during price crashes as the coin continues to push through the pain below $1,800. ETH HODLers continue to buy and hold ETH despite the market turmoil because they are eyeing a long-term outlook on their accumulated ETH.

With this recent climax, Ethereum now trumps Solana, Polygon, Ronin, Flow, WAX, Waves, Avalanche, Panini, Palm, Binance Smart Chain (BSC), and Tezos, who are all locking horns to shoot for the top sales volume.  

Why NFT Projects Are Mostly On Ethereum

Ethereum also happens to be the proponent of NFTs and the leader of all blockchain networks. More NFT creators prefer the blockchain because their digital collection sells higher on the platform compared to other blockchains. 

The crypto is known for its high-end data architecture and tight security. It’s also considered the leader in the DeFi market, with most NFT projects running on the platform. 

Being the most prominent blockchain, ETH provides NFT projects with increased visibility in the NFT space. Three of the highly popular ETH-based NFT marketplaces are OpenSea, Rarible, and Nifty Gateway. 

ETH total market cap at $218.5 billion on the daily chart | Source: TradingView.com

Suggested Reading | Crypto Selloff Viewed By Investors ‘Opportunistically’ As BTC Seen Hitting $65K By 2023

A spike of 148% in the gush of unique buyers came in from August, which prompted its all-time high in new buyers in January 2022. The number of unique ETH buyers started to surge from August 2021, with total sales transactions totaling 772,859 and 139,944 unique buyers. 

Total sales volume is at $3.75 billion. For January this year, Ethereum had complete transactions shooting at 1.27 million and 347,186 unique buyers. 

May 2022 also enabled an all-time high for ETH in sales volume with over $3.98 billion. 

Featured image from ethereum.org, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Christian Encila

Christian Encila

Follow

Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he's a cook and cinephile who's constantly intrigued by the size of the universe.

Full Profile

Related Posts

Ethereum

This Company Plans To Go Public With An Ethereum Treasury — Here’s How Much ETH They Bought

8 hours ago
Ethereum

Ethereum Leads Market Rotation Amid Shifting Liquidity On Binance, Is A Rebound In Sight?

9 hours ago
Bitcoin vs Ethereum

Ethereum Price More Influenced By Off-Chain Markets Than Bitcoin, Data May Suggest

15 hours ago
Ethereum Buys Surge As Jack Ma-Linked Yunfeng Financial Invests $44 Million

Ethereum Buys Surge As Jack Ma-Linked Yunfeng Financial Invests $44 Million

18 hours ago
Ethereum

Spot Ethereum ETFs Shine With Strong Inflows Despite Price Struggles – Details

1 day ago
starknet-panne-ethereum-redemarrage-apres-arret

Panne Starknet : le L2 d’Ethereum repart après 4h d’arrêt

1 day ago
Please login to join discussion

Premium Sponsors

Press Releases

  • miner

    Expectations of a Federal Reserve rate cut and demand for...

    2 hours ago
  • miner

    BlackRock suspends XRP listing, price faces resistance...

    2 hours ago
  • miner

    The September Curse Returns: How Crypto Investors Can...

    2 hours ago
  • Ethereum Price USD: The Latest Innovations of Crypto’s...

    4 hours ago
  • XRP Cloud Mining

    New Crypto Moves: FOR CRYPTO Launches AI Cloud...

    4 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.