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Ethereum After 1559: Network Nears 2 Million ETH Burned Worth Over $6.9 Billion

Approximately 205 days ago, the Ethereum network upgraded via the London hard fork which implemented the packaged Ethereum Improvement Proposal (EIP) 1559. Since then, the EIP-1559 upgrade made it so…

Continue ReadingEthereum After 1559: Network Nears 2 Million ETH Burned Worth Over $6.9 Billion

Weekly NFT Sales Continue to Slide, Google Trends Data Shows NFT Queries Down 45% in 30 Days

Following a lackluster week that saw non-fungible token (NFT) sales slip by 29.35% last week, the last seven days of NFT sales have dropped further losing more than 7%. Out…

Continue ReadingWeekly NFT Sales Continue to Slide, Google Trends Data Shows NFT Queries Down 45% in 30 Days

Nifty News: Collector spends $488K minting Tubby Cats, NFT vending machine

The floor price of Lana Rhoades NFT project has dropped 96.1% while a 24/7 Solana NFT vending machine was officially launched in New York this week.

Continue ReadingNifty News: Collector spends $488K minting Tubby Cats, NFT vending machine

NFT Sales Nosedive This Week as Volume Drops Close to 30%

According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week. While Ethereum and Solana are the two blockchains with the most NFT sales volume, both blockchain…

Continue ReadingNFT Sales Nosedive This Week as Volume Drops Close to 30%