{"id":489944,"date":"2022-05-06T23:48:38","date_gmt":"2022-05-06T23:48:38","guid":{"rendered":"https:\/\/wncen.com\/?p=489944"},"modified":"2022-05-06T23:48:38","modified_gmt":"2022-05-06T23:48:38","slug":"moonbirds-and-solana-nft-trading-volume","status":"publish","type":"post","link":"https:\/\/wncen.com\/nft\/moonbirds-and-solana-nft-trading-volume\/","title":{"rendered":"Moonbirds And Solana NFT Trading Volume Is On A Tear As Sales Rally 45%"},"content":{"rendered":"<p><span style=\"font-weight: 400\">NFT trading volume has been on a robust momentum since April and the pace is just right for May with Solana and Moonbirds NFTs such as Okay Bears triggering the increase in NFT sales volume since April.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to DappRadar, there is a monumental 45% climb in organic trading volume of NFTs in April in comparison to the previous months. Solana NFT trading has skyrocketed in April, as Moonbirds also proved to boost Ethereum trading.<\/span><\/p>\n<p style=\"text-align: center\"><strong><em>Suggested Reading | <a href=\"https:\/\/wncen.com\/news\/bitcoin-seen-dropping-to-32k\/\">Bitcoin Seen Dropping To $32K \u2013 But Not This Month \u2013 As Analyst Sees It Hitting $48K<\/a><\/em><\/strong><\/p>\n<h2><b>NFT Trading Volume Climbing<\/b><\/h2>\n<p><span style=\"font-weight: 400\">There has been a marked sluggishness in February and March, but NFT trading volumes have bounced back in April with a remarkable increase of 45%.<\/span><\/p>\n<p><span style=\"font-weight: 400\">There has been a halt for six weeks that transpired in mid-February with the NFT market. Thankfully, the trading volume improved in April. The main culprit for the recent increase in NFT trading volume points to Solana-based NFTs and Moonbirds.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The NFT market has recorded an increase in monthly NFT trading volume at $6.3 billion in April. That is a growth spurt or jump of over 23% from March.<\/span><\/p>\n<h2><b>Moobirds Now 11<\/b><b>th<\/b><b> Most-Traded NFT In History<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Moonbirds, a private or members-only collection, has generated around $500 million in trades which has helped with the recovery of the NFT market.<\/span><\/p>\n<p><span style=\"font-weight: 400\">To date, Moonbirds is now the 11<\/span><span style=\"font-weight: 400\">th<\/span><span style=\"font-weight: 400\"> most traded NFT collection in history which has surpassed other NFT collections such as Cool Cats, Doodles, and Meebits.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/XfC9SE6T\/\" width=\"1824\" height=\"870\"><\/p>\n<pre style=\"text-align: center\">Crypto total market cap at $1.62 trillion on the weekend chart | Source: <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" rel=\"nofollow\">TradingView.com<\/a><\/pre>\n<p><span style=\"font-weight: 400\">Despite the controversies, Moonbirds has remained strong with\u00a0 the floor price consistently above 28 ETH or approximately $81,944.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Another important factor is the increase in demand for Solana NFTs at 91% every month which has generated over $300 million in total revenue. Solana-based NFTs have also increased in the sale price to $350.<\/span><\/p>\n<p class=\"jeg_post_title\" style=\"text-align: center\"><em><strong>Suggested Readin |<a href=\"https:\/\/wncen.com\/nft-market\/nft-market-records-decreasing-number-of-buyers-is-the-nft-hype-dying\/\"> NFT Market Records Decreasing Number Of Buyers \u2013 Is The NFT Hype Dying?<\/a><\/strong><\/em><\/p>\n<h3><b>OpenSea Support On Solana Boosts NFTs<\/b><\/h3>\n<p><span style=\"font-weight: 400\">The popularity and massive success of Solana NFTs isn\u2019t a surprise especially because OpenSea has expressed its support for the Solana blockchain. The backing of this major NFT marketplace has done wonders for Solana NFTs as a whole.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Okay Bears and DeGods are popular Solana NFT collections that have generated $23 million and $43 million in trading volume which paved the way for the collections to be included in the top 30 most traded NFT collections last month.<\/span><\/p>\n<p><span style=\"font-weight: 400\">More so, Otherdeeds by Yuga Labs which had their first NFT drops on April 30 also contributed to the boost in NFT trading volumes. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Despite generating over $340 million in APE, Otherdeeds suffered from losses of over 4.5 million due to failed transactions.<\/span><\/p>\n<pre style=\"text-align: center\">Featured image ItsBlockchain, chart from <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" rel=\"nofollow\">TradingView.com<\/a><\/pre>\n","protected":false},"excerpt":{"rendered":"<p>NFT trading volume has been on a robust momentum since April and the pace is just right for May with Solana and Moonbirds NFTs such as Okay Bears triggering the increase in NFT sales volume since April. According to DappRadar, there is a monumental 45% climb in organic trading volume of NFTs in April in comparison to the previous months. Solana NFT trading has skyrocketed in April, as Moonbirds also proved to boost Ethereum trading. Suggested Reading | Bitcoin Seen Dropping To $32K \u2013 But Not This Month \u2013 As Analyst Sees It Hitting $48K NFT Trading Volume Climbing There has been a marked sluggishness in February and March, but NFT trading volumes have bounced back in April with a remarkable increase of 45%. There has been a halt for six weeks that transpired in mid-February with the NFT market. Thankfully, the trading volume improved in April. The main culprit for the recent increase in NFT trading volume points to Solana-based NFTs and Moonbirds. The NFT market has recorded an increase in monthly NFT trading volume at $6.3 billion in April. That is a growth spurt or jump of over 23% from March. Moobirds Now 11th Most-Traded NFT In History Moonbirds, a private or members-only collection, has generated around $500 million in trades which has helped with the recovery of the NFT market. To date, Moonbirds is now the 11th most traded NFT collection in history which has surpassed other NFT collections such as Cool Cats, Doodles, and Meebits. Crypto total market cap at $1.62 trillion on the weekend chart | Source: TradingView.com Despite the controversies, Moonbirds has remained strong with\u00a0 the floor price consistently above 28 ETH or approximately $81,944. Another important factor is the increase in demand for Solana NFTs at 91% every month which has generated over $300 million in total revenue. Solana-based NFTs have also increased in the sale price to $350. Suggested Readin | NFT Market Records Decreasing Number Of Buyers \u2013 Is The NFT Hype Dying? OpenSea Support On Solana Boosts NFTs The popularity and massive success of Solana NFTs isn\u2019t a surprise especially because OpenSea has expressed its support for the Solana blockchain. The backing of this major NFT marketplace has done wonders for Solana NFTs as a whole. Okay Bears and DeGods are popular Solana NFT collections that have generated $23 million and $43 million in trading volume which paved the way for the collections to be included in the top 30 most traded NFT collections last month. More so, Otherdeeds by Yuga Labs which had their first NFT drops on April 30 also contributed to the boost in NFT trading volumes. Despite generating over $340 million in APE, Otherdeeds suffered from losses of over 4.5 million due to failed transactions. Featured image ItsBlockchain, chart from TradingView.com<\/p>\n","protected":false},"author":557,"featured_media":489945,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,85602,83565],"tags":[85828,15369,84485,85920,83626],"class_list":["post-489944","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-metaverse","category-nft","tag-moonbirds","tag-nft","tag-nft-marketplace","tag-nft-trading-volume","tag-solana"],"acf":[],"yoast_head":"\n<title>Moonbirds And Solana NFT Trading Volume Is On A Tear As Sales Rally 45%<\/title>\n<meta name=\"description\" content=\"NFT trading volume has been on a robust momentum since April and the pace is just right for May with Solana and Moonbirds NFTs such as Okay Bears\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Moonbirds And Solana NFT Trading Volume Is On A Tear As Sales Rally 45%","url":"http:\/\/wncen.com\/nft\/moonbirds-and-solana-nft-trading-volume\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/nft\/moonbirds-and-solana-nft-trading-volume\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/05\/Moonbirds.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/05\/Moonbirds.png?fit=2146%2C1352"},"articleSection":"metaverse","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["moonbirds","nft","nft marketplace","nft trading volume","solana"],"dateCreated":"2022-05-06T23:48:38Z","datePublished":"2022-05-06T23:48:38Z","dateModified":"2022-05-06T23:48:38Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Moonbirds And Solana NFT Trading Volume Is On A Tear As Sales Rally 45%\",\"url\":\"http:\\\/\\\/wncen.com\\\/nft\\\/moonbirds-and-solana-nft-trading-volume\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/nft\\\/moonbirds-and-solana-nft-trading-volume\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/Moonbirds.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/Moonbirds.png?fit=2146%2C1352\"},\"articleSection\":\"metaverse\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"moonbirds\",\"nft\",\"nft marketplace\",\"nft trading volume\",\"solana\"],\"dateCreated\":\"2022-05-06T23:48:38Z\",\"datePublished\":\"2022-05-06T23:48:38Z\",\"dateModified\":\"2022-05-06T23:48:38Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/05\/Moonbirds.png?fit=2146%2C1352","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/489944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=489944"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/489944\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/489945"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=489944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=489944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=489944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}