Sudoswap Surpasses 100,000 Transactions with Over 225,000 NFTs Traded
It is reported that according to the latest data of Dune Analytics, the total transaction volume of the NFT trading agreement Sudoswap has exceeded 100000, rea…
It is reported that according to the latest data of Dune Analytics, the total transaction volume of the NFT trading agreement Sudoswap has exceeded 100000, reaching 101527 at the time of writing. As of now, the number of NFTs traded is 225398, with a total transaction volume of 65283 ETH, which is about US $110 million at the current price.
Sudoswap’s trading volume exceeded 100000, with a total trading volume of 65283 ETH
Interpretation of the news:
The rise of Non-Fungible Tokens (NFTs) in the digital art world has been phenomenal, and Sudoswap, a decentralized NFT marketplace built on the Ethereum blockchain, is reaping the benefits. According to the latest data from Dune Analytics, the platform’s total transaction volume has exceeded 100,000, with over 225,000 NFTs traded.
Sudoswap has established itself as a leading NFT marketplace by offering affordable transaction fees and an easy-to-use platform for both artists and buyers. As of writing, the number of NFTs traded on Sudoswap is 225,398, with a total transaction volume of 65,283 ETH, which amounts to roughly US $110 million.
The surge in the transaction volume of Sudoswap is a testament to the increasing popularity of NFTs in the crypto art market. Digital artists are creating unique and exclusive art pieces, and buyers are willing to pay a premium to own them as a status symbol or investment opportunity. This is particularly true for crypto enthusiasts who are passionate about blockchain technology and want to own a piece of the digital revolution.
Sudoswap’s decentralized nature ensures that artists and buyers have complete control over their assets, making it a secure and trustworthy platform to trade NFTs. The platform uses a smart contract system that guarantees transparency and eliminates intermediaries, reducing the transaction fees significantly. This has made Sudoswap a popular choice for artists who want to earn more by selling their digital artworks directly to buyers.
The transaction volume of Sudoswap is a reflection of the overall growth of NFTs in the digital art world. The demand for these unique assets has opened up exciting opportunities for artists, collectors, and investors to embrace a new form of art trading. The rise of NFTs is an indication of the potential of blockchain technology to revolutionize the art world and create a new commercial market that is free from traditional art dealers and galleries.
In conclusion, Sudoswap has achieved a significant milestone with over 100,000 transactions and over 225,000 NFTs traded. The platform’s success is an indication of the growing popularity of NFTs in the crypto art market and the potential of blockchain technology to revolutionize the art world. As the world moves towards a more digitalized economy, NFTs are poised to become the future of art trading.
#NFT #Sudoswap #transactionvolume #ETH #cryptoart
This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/crypto/1573.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Related recommendations
-
Whale Transfers 1000 WBTC to Coin An: Market Shifting Down
It is reported that according to PeckShield monitoring, the address of the giant whale at the beginning of 0x54dd is transferred to 1000 WBTCs to Coin An.
0x54d -
Venom Drain Scam: How 15,000 Investors Were Duped Out Of $27 Million
According to reports, the Web3 anti fraud tool Scam Sniffer posted that Venom Drain, a new scam as a service provider, had scammed 15000 investors out of $27 million, with the top
-
IoTeX Governance Community Supports Mortgage of Ethereum Derivatives
According to reports, the governance community of IoTeX, the Internet of Things blockchain platform, voted to support the mortgage of Ethereum derivatives, with 97% of token holder
-
Tether Mints 1 Billion USDTs on the Wave Field: What Does This Mean for the Future of Cryptocurrencies?
On March 24th, according to data, the stable currency issuer Tether minted 1 billion USDTs on the wave field at 06:04:03 today, and this week it has minted 3 billion USDTs on the w
-
What are the three types of tokens in blockchain? (Token, Blockchain)
What are the three types of tokens in blockchain? According to Coindesk, what ar
-
DebtDAO: A Revolutionary Approach to Income-Based Financing for Crypto Entities
On April 10th, it was announced that the encrypted credit agreement DebtDAO had been launched on the main network. Before the main network was launched, DebtDAO had undergone three
-
The server returned an error message:Rate limit reached for default-gpt-3.5-turbo in organization org-9QdnwRZK5tvuwq885ta3oQOU on requests per min. Limit: 20 / min. Current: 30 / min. Contact support@openai.com if you continue to have issues. Please add a payment method to your account to increase your rate limit. Visit https://platform.openai.com/account/billing to add a payment method.
According to CME\’s \”Federal Reserve observation\”, the probability of the Federal Reserve raising interest rates by 25 basis points to the range of 4.75% – 5.00…
-
Large Transfer of ETH to Coinbase Sparks Intrigue in Cryptocurrency Market
On March 16th, according to Whale Alert data monitoring, 21134 ETHs (approximately $35150650) were transferred from unknown wallets to Coinbase. Data: 21134 ETHs transferred from unknown wallets to Coinbase Analysis based on this information:Today, the movement of over 21,000 ETHs to Coinbase has caught the attention of cryptocurrency investors and analysts alike. Whale Alert, a data monitoring service that tracks large crypto transactions, reported that approximately $35,150,650 worth of Ethereum was transferred from unknown wallets to Coinbase on March 16th. This transfer raises questions about who may have made the move and what their intentions were. One factor that makes this transfer particularly noteworthy is the size of the transfer. While it’s not uncommon for large amounts of cryptocurrencies to move throughout the market, a transfer of this magnitude is unusual. Based on information currently available, it is unclear who exactly made the transfer or what their purpose may have been. As a result, many investors are speculating on the…
-
Why ZEC coin does not rise (How is ZEC coin)
Why does ZEC coin not rise?Original Author: ZerionOriginal Translation: 0x137, R
-
Tether Used Signature Bank to Transfer Funds to Bahamas, Reports Indicate
According to reports, stable currency issuer Tether used Signature Bank to transfer US dollar funds from the United States to the Bahamas. Until the closure of Signature Bank in Ma