Cryptocurrency

Ethereum NFT Rally With EtherRock and BAYC Leading Sales

Weekly NFT sales on Ethereum increased by more than 99% as interest in the Pudgy Penguins and Nothing collection surged.

Updated: 4:30pm UTC: Added comment from Ilan Rakhmanov, founder and CEO of ChainGPT.

Ethereum-based non-fungible tokens (NFTs) are starting to make a comeback as sales numbers increase this week.

According to NFT data aggregator CryptoSlam, Wrapped Ether Rock #46 sold for $496,658 on February 12, four days after Bored Ape Yacht Club (BAYC) #1726 sold for $668,297. These are the second and third largest sales of the month, following the $1.53 million sale of CryptoPunk #5363 on January 31st.

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Source: https://cointelegraph.com/news/ethereum-nft-market-revival-etherrock-bayc-lead-sales

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