BAYC, CryptoPunks holders might not be elated to read this NFT report

ambcrypto.com:

Ethereum [ETH]-based NFT collection, Azuki was the subject of a 311% increase in sales volume over the last 24 hours.

According to CryptoSlam, about $703,760 exchanged hands between buyers and sellers within the aforementioned period. Interestingly, Azuki was not the only collection involved, as one Solana [SOL] NFT collection joined the party. 

DeGods, the SOL-hosted collection, recorded a 334.84% increase in volume, worth $659,308. Despite the incredible rallies of these NFTs, they could not match the volume of Bored Ape Yacht Club [BAYC].

At press time, data from CryptoSlam showed that BAYC’s sales volume was $2.07 million, with a 34.82% increase.

While BAYC stayed on top of the rankings, the same cannot be said of Larva Labs studio-created collection, CryptoPunks.

The surge in Azuki and DeGods has led to CryptoPunks losing its place.

After being on the top for a few weeks, Crypto Punks now ranks eighth in the NFT table. Unfortunately, the collection only recorded a $464,908 volume in sales, even though it was an improvement from its numbers on 24 August.

Source: CryptoSlam

The NFT market doesn’t seem to be out of the bear state with the ups and downs. For the Ethereum collections, the overall 24-hour shift was a 14.88% decline. In addition, there have been 13,411 buyers and 24,964 transactions across the chain.

At the same time, Solana collections seem to be in much more control with a 95.97% increase, worth $885,924. There have also been 14,370 transactions via Solana NFTs, with 1,981 traders buying the assets.

Source: CryptoSlam

While the NFT market is still in a state of despair, a recent report pointed out exploits in the ecosystem recently. The report by Elliptic, the blockchain-enable compliance platform, gave details