Cardano’s NFT Floor Price Surges, An Unexpected Threat To Ethereum’s Throne? | Headlines | News | CoinMarketCap

08/22/2023 01:14
Cardano’s NFT Floor Price Surges, An Unexpected Threat To Ethereum’s Throne? | Headlines | News | CoinMarketCap

The non-fungible token (NFT) market has primarily been in a downtrend in terms of trading volume since this year began and is presently undergoing a …

Bitcoinist13 minutes ago

EthereumEthereum

NFTNFT

CardanoCardano

SolanaSolana

PolygonPolygon

Published on August 21, 2023 18:00 GMT+00:00edited on August 21, 2023 18:04 GMT+00:00

The non-fungible token (NFT) market has primarily been in a downtrend in terms of trading volume since this year began and is presently undergoing a significant transformation.

Recent data from Stocktwits NFT, a multichain NFT data source has indicated a surging interest in Cardano, especially concerning its NFT floor price index, which has recently surpassed Ethereum’s.

The Cardano NFT floor price index is 22% higher than the Ethereum floor price index right now.

This is a comparison of the 7 day charts. pic.twitter.com/8RnDHFNLk7

— Stocktwits NFTs (@StocktwitsNFTs) August 21, 2023

Cardano NFT Surge: Threat To Ethereum’s Throne?

According to Stocktwits NFT, Cardano’s NFT floor price index has spiked 22% higher than that of Ethereum over the past 7 days. Ethereum has …

Read more --->