Happy merge 🐼🎉 Ethereum successfully merged today and has now fully transitioned to PoS away from PoW. Environmentalists can rest easy tonight, knowing 0.2% of the global energy consumption is no longer necessary to run the network. ETH is softer -1% to $1586 on $23B of volumes. Bitcoin is just following, down -1.5% to $20k on $37B of turnover. PoW ETH (ETHW) is rolling out soon, and had a small rally earlier up to $60–70 area, but hovers around $30 now. There are now no more catalysts in crypto, so what will we talk about now?!
NFT volumes were relaxed at $15M, EVM-NFTs at $9M and Solana-NFTs were $3.3M. CryptoPunks is back on top with $1.2M in turnover, BAYC at $1.1M, and Otherdeeds at $1.0M volumes. ImmutableX creeps up with $1M turnover driven by Gods Unchained Immutable collection.
Check out our Dune dashboard for details → https://dune.com/lhagiimn/cyan-market-dashboard
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