According to the latest data disclosed by blockchain analysis platform Dune Analytics, the NFT market hit a total of $476 million on May 1, driven by the sales activity of the Otherdeed virtual parcel of Yuga Labs’ metaverse project Otherside, according to Golden Finance. The highest single-day sales record in history. The previous record for OpenSea’s highest single-day sales occurred on August 29, 2021, with nearly $323 million in transactions that day. According to NFTGo.io data, Otherdeed’s transaction volume in the secondary market is approaching $600 million so far, and it has now reached $592.68 million, with a market value of about $487.5 million. (decrypt)
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