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Base, an Ethereum Layer Two blockchain network, has climbed in rankings, becoming the fourth most-traded blockchain network in the global non-fungible token ecosystem. This notable market milestone is most likely associated with its creator’s recent appeal case victory against the United States Securities and Exchange Commission. Base NFT sales volume has surged over 52% in the past 24 hours. 🚨News: @coinbase wins appeal in SEC's 2023 lawsuit accusing it of operating as an unregistered exchange, declaring SOL and other cryptocurrencies as securities. Case heads to U.S. Court of Appeals, with potential industry-wide impact. pic.twitter.com/SobH8tjMN6 — SolanaFloor (@SolanaFloor) January 7, 2025 Base Emerges The 4th Top NFT Blockchain Network Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer, shows that the Base blockchain network has surged in trading sales volume. In the past 24 hours, the Ba...

The layer-1 blockchain MultiversX (EGLD) continues to lead the digital asset gaming sector in terms of development activity, according to the crypto analytics firm Santiment. Santiment notes in a new post on the social media platform X that MultiversX, formerly known as Elrond, registered 264.9 notable GitHub events in the past 30 days. MultiversX is a distributed, proof-of-stake blockchain network that is decentralized via more than 3,000 nodes. The project aims to help developers build next-gen applications. It has led the crypto gaming sector in terms of GitHub events since it passed the Ethereum (ETH)-based virtual reality platform Decentraland (MANA) in May. Decentraland remains in second in the space with 174.47 notable GitHub events in the past 30 days. The non-fungible token (NFT) layer-2 scaling solution Immutable X (IMX) came in third with 78.37. Source: Santiment/X Santiment notes that it doesn’t count routine updates and uses a “better methodology” ...

The global non-fungible token market has broken its recent resistance barrier and witnessed a notable uptick this week. Despite the recent crypto market volatility this week, the non-fungible token trading sales volume has climbed 6% from the past week, with $95 million in trading sales in the past seven days. In this article, we shall assess whether the NFT market will maintain this positive growth in the coming weeks. NFT Sales Pump 6% This Week Data fetched by CryptoSlam.io, an on-chain crypto market data aggregator and a non-fungible token collection explorer, indicates that the global non-fungible token market has recorded some positive gain this week, breaking its over three months of downtrend. The global NFT market has amassed a trading sales volume of $95 million in the past seven days. The NFT market surge has revealed that the future of the NFT market is still great. Ethereum, a decentralized blockchain peer-to-peer network renowned in the non-fungible token mark...