“Ethereum topped the non-fungible token market on Thursday with over $23 million in sales,” – CryptoSlam data shows. Over half of these sales were attributed to CryptoPunks 635, which sold for $12.4 million at Larva Labs marketplace. This was a significant moment for Ethereum as the cryptocurrency ended a 20-day period of daily sales under $10 million.

As noted during the investor call, Ethereum demonstrated impressive growth with 16,363 transactions involving 1,770 unique buyers and 1,354 sellers. This confirms not only the recovery of market activity but also Ethereum’s strengthened position as a leading platform for NFTs.

However, this does not mean that Ethereum is without competitors. Bitcoin and Solana follow with daily sales of $6.67 million and $3.72 million respectively.