Axie Infinity ($AXS) Surpasses SAND in Daily Sales, Sells Virtual Land NFT For Record 550 ETH

Regardless of the Sandbox’s SAND gaining massively throughout the month of November, the native token of Axie Infinity ($AXS) has now surpassed it in every day gross sales quantity.

Axie Infinity ($AXS) Tops SAND on Every day Gross sales Quantity Chart

In response to data from Cryptoslam, AXS traded the palms of roughly 35,000 patrons over 90,000 transactions — a 3.4% enhance in every day gross sales in comparison with the day before today. That’s greater than 100 occasions the transaction that SAND has seen in 24 hours, with solely 485 patrons, buying and selling 842 occasions in the identical 24 hours timeframe. With this, Axie Infinity simply turns into prime of the go browsing the checklist of NFTs with the very best every day gross sales quantity — over $24 million of gross sales — inside the final 24 hours.

NFTs Every day gross sales quantity chart. Supply: Cryptoslam

What Digital Land Sells For 550 ETH?

NFT-based on-line videogame, Axie Infinity has confirmed late Thursday, that it has bought a slot of its digital lands for 550 ETH (over $2.3 million). In response to the builders of the sport, this can be a document quantity, and the very best ever paid for digital actual property.

In the meantime, the clearly excited Axie Infinity couldn’t conceal its pleasure on the gross sales, because the agency took to its official Twitter web page to share the story, claiming that its digital nation has continued to shock the world.

Axies are non-fungible tokens (NFTs), or distinctive collectibles, which might both be minted, purchased, or bought throughout totally different exchanges outdoors of the sport.

In response to the sport, Axies reside in a world referred to as Lunacia. Now, in Lunacia, is a 301×301 sq. grid that has separate sections — with every representing a tokenized plot of land generally known as Terra. Sport gamers have a proper to both promote, or purchase, or different occasions even hire out these plots of land to different gamers as they so need. However in line with experiences, the actual land that was bought yesterday is below the ‘Genesis’ class — reportedly the rarest type of digital land obtainable within the Axie Infinity ecosystem.

Might this be the explanation for the elevated exercise round Axie Infinity previously 24 hours?