ENS is a decentralised domain name protocol on the Ethereum blockchain that lets users convert Ethereum addresses into human-readable formats
The Ethereum Name Service led CryptoSlam’s non-fungible token market Monday with more than $4.27 million in sales.
Ethereum Name Service is not directly categorised as an NFT collection but uses NFT technology. ENS is a decentralised domain name protocol on the Ethereum blockchain that lets users convert Ethereum addresses into human-readable formats.
This means that when you register an ENS domain, you receive a unique non-fungible token that corresponds to your domain name, which can be transferred or sold just like any other non-fungible token.
The second-ranking collection for the day was the $PIZZA BRC-20 NFTs, which recorded sales of $2.18 million.
This collection, residing on the Bitcoin blockchain, experienced a decline in sales after topping the charts on Sunday with $7.12 million.
The third rank was claimed by Guild of Guardians Avatars, on the Immutable network, with sales totalling $1.24 million.
Other notable collections on Monday’s leaderboard include the Blast’s Fantasy Top collection, which ranked fourth with sales of $987,910, and the Genesis Fanta Field collection on Solana, which launched on Monday to debut in the top 10 with a total sales volume of $635,539.
The DMarket collection, on the Mythos network, joining other game-related non-fungible tokens in the day’s top 10 such as Fantasy Top and Guild of Guardians, came in sixth with $583,411.
The Bored Ape Yacht Club, Yuga Labs’ flag ship NFT ranked second in all-time sales, came in seventh for the day with $470,907, while Polygon-based OKX NFT Creation collection followed closely in eighth rank with sales of $414,817.
Two more Polygon collections, the Matr1x Fire Weapon, and TTAvatars rounded up the top 10 with nearly $350,000 in sales each.
The Ethereum blockchain, led by Ethereum Name Service, led all blockchains in daily sales with $8.45 million on Monday, up from $4.51 million logged the previous day.
Bitcoin blockchain, experienced a daily sales volume of $4.11 million, declining from the $11.03 million reported on June 9.
Solana blockchain logged sales of $2.68 million, while the Polygon blockchain saw a higher volume of transactions with sales totalling $2.44 million.
Immutable reported sales of $1.56 million, and the Blast blockchain had sales of $988,646.
