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Mad Lads NFTs rise as the day’s top collection

source-logo  forkast.news 26 March 2024 18:01, UTC

The Solana-based Mad Lads non-fungible token (NFT) collection has topped the daily sales chart with a surge in market activity.

Over the past 24 hours leading to 1 p.m. ET on Tuesday, Mad Lads experienced a 166% rise in sales, amounting to US$1.62 million, and a 1.74% increase in transactions, totaling 52.

This surge has propelled Mad Lads’ cumulative volume to a new high of US$150 million, now at the 42nd spot for all-time sales.

This is the second consecutive day that a Solana-based collection led the NFT market as Mad Lads’ takes the top spot from Frogana.

Frogana’s daily sales dropped by 20% to US$830,531. The collection came in fifth for the day.

Following Mad Lads, Ethereum’s Pandora collection, a collection based on the ERC404 experimental token standard, witnessed the largest percentage growth in sales for the day among the top 10 NFTs, with a 385% increase to US$1.42 million.

On the other hand, the Bored Ape Yacht Club (BAYC) on Ethereum reported a 23% growth in sales, reaching US$1.11 million for third.

Bitcoin’s LIGO BRC-20 NFTs, the fourth-ranking collection of the day, saw a 131% increase in sales, reaching over US$1.06 million.

However, the Bitcoin network was the day’s top ranking blockchain in the NFT market, largely thanks to high sales tallies from its uncategorized collections.

Uncategorized BRC-20 NFTs and Ordinals had a daily sales volume of over US$9 million, which is more than the entire Solana network’s US$7.3 million

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