Ethereum Domain Names Top NFTs as Most Traded Asset on OpenSea
ENS domains have taken the top spot as the number one collection on the NFT marketplace OpenSea. Driven by a 170% jump in sales over the past 24 hours, the Ethereum Name Service flipped the Bored Ape Yacht Club in seven-day volume. In the past week, ENS trading volume surpassed 2,305 ETH or $3.76 million.
Nearly 9,000 ENS domains changed hands in the last seven days, compared to 16 BAYC NFTs. But the ENS floor price—the lowest price for an item in a collection—is less than $16, or less than 0.01 ETH, whereas the lowest price of a BAYC NFT is 76 ETH or about $124,000. NFTs, or non-fungible tokens, are cryptographically unique tokens linked to digital and physical content, showing proof of ownership. According to OpenSea, there are over 508,000 owners of ENS NFTs with a total trading volume of 56.3k ETH.
Source
@Metaverse_Defi_Nfts_Trading
