XRP Cafe has achieved a remarkable milestone in the XRPL NFT (Non-Fungible Token) market, surpassing $196 million in secondary NFT sales over a 30-day period.
Key Takeaways
- XRP Cafe, a prominent NFT project on the XRP Ledger (XRPL), has achieved a significant milestone by leading in secondary NFT sales with over $196 million in transaction volume over a 30-day period.
- The project recorded 52,909 minted NFTs and 11,845 unit sales in secondary transactions, marking a remarkable 79.75% increase compared to the figures from the previous month.
- In terms of sales volume, XRP Cafe’s success amounts to 336,939 XRP, equivalent to a staggering dollar value of over $196 million, highlighting the project’s dominance in the XRPL NFT space.
XRP Cafe Dominates XRPL NFT Market
XRP Cafe has emerged as a leader in the XRPL NFT market, achieving over $196 million in secondary NFT sales within a 30-day period.
XRP Cafe's Remarkable Achievement: $196M+ in 30D NFT Sales https://t.co/ve07R7Van4#Ripple #XRPhttps://t.co/ve07R7Van4
— ETHNews (@ETHNews_com) November 16, 2023
XRP Cafe recorded 52,909 minted NFTs and 11,845 unit sales in secondary transactions, marking a remarkable 79.75% increase compared to the previous month.
The project’s success translates to a sales volume of 336,939 XRP, equivalent to a dollar value of over $196 million, highlighting its dominance in the XRPL NFT space.
Competitors in the XRPL NFT Market
OnXRP, another key player in the XRPL NFT market, followed XRP Cafe with significant sales volume but a considerable gap. Sologenic recorded a modest number of sales compared to XRP Cafe.
In primary sales, where newly created NFTs are initially sold by creators, OnXRP leads with 9,342 sales and over $61,000 in sales volume in the last 30 days. XRP Cafe ranks third in primary sales with a volume of about $34,500.
To Conclude
The XRPL NFT market is experiencing dynamic growth and increased transaction volumes, reflecting the growing interest in NFTs within the XRPL ecosystem and marking a significant development in the blockchain and digital asset space.
