NFT Trading Platform SudoSwap Records Over $100 Million in Transaction Volume
According to the latest data of Dune Analytics, the total transaction volume of the NFT trading platform SudoSwap has exceeded US $100 million, reaching US $10…
According to the latest data of Dune Analytics, the total transaction volume of the NFT trading platform SudoSwap has exceeded US $100 million, reaching US $100007220 so far, and the total transaction volume of ETH is 66579. In addition, the number of NFTs traded on the SudoSwap platform reached 289230, and the number of addresses involved in the transaction reached 41562.
The total transaction volume of Sudoswap exceeded US $100 million, and the number of transaction addresses exceeded 40000
Interpretation of the news:
The latest data from Dune Analytics revealed that SudoSwap, a prominent NFT trading platform, has recorded a total transaction volume exceeding $100 million, reaching US $100,007,220 so far. This amount marks a significant milestone for the platform and establishes itself as a major player in the NFT market.
NFTs, or non-fungible tokens, are unique digital assets verified on a blockchain network. These tokens can represent a wide range of things, such as digital art, music, collectibles, and virtual real estate. The popularity of NFTs has surged in recent months, with several high-profile sales generating millions of dollars in revenue.
SudoSwap has emerged as one of the most popular platforms for trading NFTs. The platform allows users to buy, sell and trade a wide variety of NFTs securely. Users require an Ethereum wallet to access the platform, and all transactions take place on the Ethereum blockchain.
The data from Dune Analytics also revealed that the total transaction volume of Ethereum on the SudoSwap platform is 66,579. Ethereum is the second-largest cryptocurrency after Bitcoin and is widely used in the blockchain industry. Ethereum’s popularity is due to its smart contract feature, which allows developers to build decentralized applications (DApps) on the network.
The number of NFTs traded on SudoSwap has reached 289,230, indicating its popularity among users. Additionally, the number of addresses involved in the transaction has reached 41,562, highlighting the platform’s growing user base.
In conclusion, the latest data from Dune Analytics shows that SudoSwap has become a dominant player in the NFT market, recording over $100 million in transaction volume. The increase in NFT sales and the growing popularity of Ethereum has contributed to the platform’s success. It is evident that SudoSwap will continue to grow and expand as the demand for NFTs increases.
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