Blue Chip NFTs Fail to Grow, While Cardano's Network Surges

Despite the rising popularity of Cardano's NFT space, top NFT collections on the platform experienced a decline in their floor prices.

Blue chip NFT s failed to grow, however, tokens on Cardano ’s network surgedOver the course of the past year, Cardano has achieved some significant milestones. In fact, data suggests that the Cardano network processed a staggering 24 million transactions, demonstrating high activity on its ecosystem. Additionally, Cardano witnessed the launch of 40 projects within its ecosystem, showcasing growing adoption and development activity.

Despite rising NFT volume on the Cardano ecosystem, however, the top NFT collections recorded a decline in their floor prices. Blue chip collections such as Ape Society, Book.io, and Clay Nation registered a significant decline over the past month.

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Cardano NFT Blue Chip Ecosystem Trading Volume Floor Prices

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