NFTs on XRPL Jumped by 73%, XPMarket Report Says

U.Today
U.Today

29 Jun 2023 4:25 PM

XPMarket, largest analytical tool for XRP Ledger's ecosystem, indicates possible catalysts of ongoing NFT rally...

  • XPMarket, an infrastructure platform and analytics tool, has witnessed significant growth in metrics related to XRP-backed NFT markets on the XRP Ledger.
  • In the last week alone, the total number of NFTs on XRP Ledger increased by 73%, and the average selling price for one token spiked by 57%.
  • The revenue of XRPL-centric NFT enthusiasts also saw an increase, with fees reaching over $35,000 per week.
  • Brokers and creators also experienced revenue surges, with creators' fees increasing by 65% and commissioners on various platforms witnessing a 40% surge.
  • XPMarket's analysts believe that more impressive announcements are yet to come for NFTs on XRP Ledger.
  • Marketplaces made over $300,000 trading NFTs in the last seven days, and the cumulative revenue of creators surpassed $1 million.

Positive

Go to publisher site

You May Ask

What platform experienced significant growth in metrics related to XRP-backed NFT markets?How much did the total number of NFTs on XRP Ledger increase by in the last week?What was the average selling price spike for one token on XRP Ledger?How much did the revenue of XRPL-centric NFT enthusiasts reach per week?What milestone was achieved in terms of cumulative revenue of creators on XRP Ledger?

Suggested Reads