NFTs surge following SEC’s failure to appeal Grayscale ETF
Non-fungible tokens (NFTs) witnessed a 15% surge in trading volumes thanks to the U.S. Securities and Exchange Commission’s (SEC) failure to file an appeal in the Grayscale Bitcoin Trust case. According to on-chain data aggregator CryptoSlam.io, the NFT ecosystem encountered a substantial 15% uptick in the past 24 hours. Total trading volume topped $9.7 million. Notably, there has also been a 5.9% increase in the number of investors actively acquiring NFTs. Ethereum-based NFT collections exhibited a noteworthy 26.7% increase in sales, contributing $5.2 million in trading proceeds over the same 24-hour period. Digital collectibles on the Mythos Chain and Solana blockchain have also registered notable spikes, accumulating trading sales of $1.3 million and $1 million, respectively. Mythos Chain NFTs recorded a 4.5% increase, while Solana-based NFTs exhibited an impressive 23.5% rise. You might also like: SEC charges ‘Stoner Cats’ NFT creators for selling unregis...