{"id":362486,"date":"2024-01-08T06:00:41","date_gmt":"2024-01-08T00:30:41","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=362486"},"modified":"2024-01-07T17:26:40","modified_gmt":"2024-01-07T11:56:40","slug":"will-azuki-help-revive-ethereums-nft-landscape","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/will-azuki-help-revive-ethereums-nft-landscape\/","title":{"rendered":"Will Azuki help revive Ethereum&#8217;s NFT landscape?"},"content":{"rendered":"<ul>\n<li><em>Ethereum reclaimed the top spot in the NFT market after nearly four weeks.<\/em><\/li>\n<li><em>Azuki was perceived to be the primary driver in driving NFT sales on Ethereum.<\/em><\/li>\n<\/ul>\n<p>Ethereum [ETH] non-fungible token (NFT) enthusiasts had something to cheer amidst a rather disappointing phase.<\/p>\n<h4>Ethereum flips Bitcoin temporarily<\/h4>\n<p>NFT market tracker CryptoSlam stated in an <a href=\"https:\/\/x.com\/cryptoslamio\/status\/1743598570811367751?s=20\" target=\"_blank\" rel=\"noopener\">X (formerly Twitter) post<\/a>, dated the 6th of January, that Ethereum had reclaimed its status as the leading blockchain in terms of NFT sales volume.<\/p>\n<p>The wait was long, as Ethereum flipped Bitcoin [BTC], which had dominated the NFT market lately, after nearly four weeks.<\/p>\n<p>AMBCrypto drilled deeper, observing a notable spike in sales volume in the last two days. We found that sales figures had touched $12 million on the 6th of January, the highest in two weeks.<\/p>\n<figure id=\"attachment_362499\" aria-describedby=\"caption-attachment-362499\" style=\"width: 1299px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/Sales-NFTs-1.jpg\"><img decoding=\"async\" class=\"size-full wp-image-362499\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/Sales-NFTs-1.jpg\" alt=\"\" width=\"1299\" height=\"389\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/Sales-NFTs-1.jpg 1299w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/Sales-NFTs-1-300x90.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/Sales-NFTs-1-1024x307.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/Sales-NFTs-1-768x230.jpg 768w\" sizes=\"(max-width: 1299px) 100vw, 1299px\" \/><\/a><figcaption id=\"caption-attachment-362499\" class=\"wp-caption-text\">Source: CryptoSlam<\/figcaption><\/figure>\n<p>At the time of publication, Ethereum <a href=\"https:\/\/www.cryptoslam.io\/\" target=\"_blank\" rel=\"noopener\">slipped back<\/a> to the second spot. However, the brief surge grabbed the attention of market observers.<\/p>\n<h4>Azuki lifts Ethereum&#8217;s NFT market<\/h4>\n<p>Azuki, a popular collection, was perceived to be the primary driver in pushing NFT sales on Ethereum upwards.<\/p>\n<p>It all started with Azuki liking and reposting Weeb3 Foundation\u2019s posts on social platform X (formerly Twitter). This sparked <a href=\"https:\/\/x.com\/MoonOverlord\/status\/1743494544098742632?s=20\" target=\"_blank\" rel=\"noopener\">rumors<\/a> of a possible partnership between the two entities.<\/p>\n<p>One particular post that attracted the most eyeballs was linked to anime, with many in the community viewing it as a hint that ANIME was Azuki\u2019s upcoming token.<\/p>\n<p>https:\/\/twitter.com\/weeb3foundation\/status\/1743475887746756934?ref_src=twsrc%5Etfw<\/p>\n<p>Note that Azuki launched an anime-themed collection of 20,000 NFTs last year called Elementals. The project, however, got mired in <a href=\"http:\/\/ambcrypto.com\/i-asked-chatgpt-about-nft-state-after-the-azuki-fiasco-its-answer-was-somber\/\" target=\"_blank\" rel=\"noopener\">controversy<\/a> over accusations of duplication.<\/p>\n<p>The latest development raised hopes of the beginning of a solid and credible market for anime brands in the NFT market.<\/p>\n<hr \/>\n<p style=\"text-align: center;\">Read <a href=\"http:\/\/ambcrypto.com\/predictions\/ethereum-price-prediction\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Ethereum&#8217;s [ETH] Price Prediction<\/a> 2024-25<\/p>\n<hr \/>\n<p>The optimism was reflected in a 30% jump in Azuki&#8217;s floor price, AMBCrypto noticed using NFT Floor Price&#8217;s data. Trading activity for the collection also jumped, boosting overall NFT sales on the Ethereum blockchain.<\/p>\n<figure id=\"attachment_362511\" aria-describedby=\"caption-attachment-362511\" style=\"width: 956px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/Azuki-sales.jpg\"><img decoding=\"async\" class=\"size-full wp-image-362511\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/Azuki-sales.jpg\" alt=\"\" width=\"956\" height=\"596\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/Azuki-sales.jpg 956w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/Azuki-sales-300x187.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/Azuki-sales-768x479.jpg 768w\" sizes=\"(max-width: 956px) 100vw, 956px\" \/><\/a><figcaption id=\"caption-attachment-362511\" class=\"wp-caption-text\">Source: NFT Price Floor<\/figcaption><\/figure>\n<p style=\"text-align: left;\">It remains to be seen if Ethereum, riding on Azuki&#8217;s anime push, can reclaim its numero spot.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NFT Sales touched $12 million on the 6th of January, the highest in two weeks.<\/p>\n","protected":false},"author":80,"featured_media":362531,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[66,3,4029,4,20],"tags":[],"class_list":["post-362486","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-news","category-news","category-nft","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Will Azuki help revive Ethereum&#039;s NFT landscape? 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