Key Takeaways
- Bitcoin hit $9.8 million in NFT sales in less than 24 hours.
- The average selling price of Bitcoin NFTs in March was $1,918, the highest since March 2023.
- Bitcoin’s cumulative NFT sales volume exceeded $3 billion.
- Solana had its most successful month in the NFT sector in March, with monthly revenue of $216 million, up 12.4% from February.
- Mythos’ daily sales increased 27.08%, reaching $1.21 million.
- DMarket led the NFT collection rankings for the day with $1.18 million in sales.
- DMarket and Ethereum-based Bored Ape Yacht Club were the only two projects to achieve more than $1 million in revenue on Monday.
Bitcoin dominated the market, ending the month with total NFT sales reaching a whopping $514 million. This is the most successful month since December last year. This figure also represents a whopping 70% increase in sales from the previous month.
Bitcoin NFTs saw a notable increase in their average selling price last month, reaching $1,918, the highest since March 2023. Cumulative Bitcoin sales have now surpassed $3 billion, a milestone reached last week.
Solana ranked third despite daily sales falling 14.72% to $5.5 million on Monday. Nonetheless, Solana had its most successful month in the NFT sector in March, with monthly revenue of $216 million, a significant 12.4% increase over February. The average selling price of Solana-based NFTs also exceeded $100 for the first time since April 2023.
Mythos ranked 4th in daily sales and saw notable growth, up 27.08% to $1.21 million. In particular, DMarket, which represents NFTs and in-game items in Mythos, led the NFT collection rankings on the day with sales of $1.18 million.
DMarket and Ethereum-based Bored Ape Yacht Club stood out in the thriving NFT market landscape as the only two projects to achieve more than $1 million in sales on Monday.