The post Base Overtakes Solana in NFT Volume as Zora Drives Minting Frenzy appeared on BitcoinEthereumNews.com. With millions of mints and $122 million in trading volume, Base has quietly emerged as a go-to platform for Web3 creators. Coinbase’s Layer-2 network, Base, has become one of the most active blockchain ecosystems by NFT trading volume, surpassing Solana and Abstract. DappRadar’s blockchain analyst Sara Gherghelas said in a recent research report that Base has become a popular place for creators, thanks to cheap mints, creator-friendly tools, and “speculation around a potential airdrop.” Top Blockchains by NFT Volume “Base NFTs hit $122M in trading volume and 6.7M sales in 2025, with June marking a breakout moment (+336% MoM volume),” Gherghelas noted. The surge has been fueled by top collections such as DX Terminal, Onchain Gaias, Oracle Patron, Based Punks, and Get Based, blending retro-futuristic art, interactive gameplay, and, in the case of Onchain Gaias, the ability for holders to train AI-enabled agents across Web3 ecosystems. Behind the Numbers The main driver behind Base’s NFT boom is Zora, an open-source NFT protocol that lets creators launch low-cost NFTs and drops on Base for less than one U.S. dollar, while also offering an ERC-20 layer for creator tokens. “Since July alone, Zora on Base has recorded 1.6 million tokens minted, generating $470 million in trading volume and $3.4 million in creator royalties,” Gherghelas wrote. Data from DefiLlama shows that starting in July, Zora’s revenue jumped to $4.7 million, marking a more than 312,000% increase compared to Q4 2024. On the marketplace front, OpenSea has emerged as the leader on Base, with Gherghelas attributing this to the fact that the marketplace was an early Base supporter. NFT Volume by Marketplace Amid the recent uptick in NFT activity, OpenSea has overtaken Blur over the past 90 days, with trading volume of $389 million, compared to Blur’s $312 million, according to Token Terminal. Source:… The post Base Overtakes Solana in NFT Volume as Zora Drives Minting Frenzy appeared on BitcoinEthereumNews.com. With millions of mints and $122 million in trading volume, Base has quietly emerged as a go-to platform for Web3 creators. Coinbase’s Layer-2 network, Base, has become one of the most active blockchain ecosystems by NFT trading volume, surpassing Solana and Abstract. DappRadar’s blockchain analyst Sara Gherghelas said in a recent research report that Base has become a popular place for creators, thanks to cheap mints, creator-friendly tools, and “speculation around a potential airdrop.” Top Blockchains by NFT Volume “Base NFTs hit $122M in trading volume and 6.7M sales in 2025, with June marking a breakout moment (+336% MoM volume),” Gherghelas noted. The surge has been fueled by top collections such as DX Terminal, Onchain Gaias, Oracle Patron, Based Punks, and Get Based, blending retro-futuristic art, interactive gameplay, and, in the case of Onchain Gaias, the ability for holders to train AI-enabled agents across Web3 ecosystems. Behind the Numbers The main driver behind Base’s NFT boom is Zora, an open-source NFT protocol that lets creators launch low-cost NFTs and drops on Base for less than one U.S. dollar, while also offering an ERC-20 layer for creator tokens. “Since July alone, Zora on Base has recorded 1.6 million tokens minted, generating $470 million in trading volume and $3.4 million in creator royalties,” Gherghelas wrote. Data from DefiLlama shows that starting in July, Zora’s revenue jumped to $4.7 million, marking a more than 312,000% increase compared to Q4 2024. On the marketplace front, OpenSea has emerged as the leader on Base, with Gherghelas attributing this to the fact that the marketplace was an early Base supporter. NFT Volume by Marketplace Amid the recent uptick in NFT activity, OpenSea has overtaken Blur over the past 90 days, with trading volume of $389 million, compared to Blur’s $312 million, according to Token Terminal. Source:…

Base Overtakes Solana in NFT Volume as Zora Drives Minting Frenzy

2025/08/29 11:57

With millions of mints and $122 million in trading volume, Base has quietly emerged as a go-to platform for Web3 creators.

Coinbase’s Layer-2 network, Base, has become one of the most active blockchain ecosystems by NFT trading volume, surpassing Solana and Abstract.

DappRadar’s blockchain analyst Sara Gherghelas said in a recent research report that Base has become a popular place for creators, thanks to cheap mints, creator-friendly tools, and “speculation around a potential airdrop.”

Top Blockchains by NFT Volume

“Base NFTs hit $122M in trading volume and 6.7M sales in 2025, with June marking a breakout moment (+336% MoM volume),” Gherghelas noted.

The surge has been fueled by top collections such as DX Terminal, Onchain Gaias, Oracle Patron, Based Punks, and Get Based, blending retro-futuristic art, interactive gameplay, and, in the case of Onchain Gaias, the ability for holders to train AI-enabled agents across Web3 ecosystems.

Behind the Numbers

The main driver behind Base’s NFT boom is Zora, an open-source NFT protocol that lets creators launch low-cost NFTs and drops on Base for less than one U.S. dollar, while also offering an ERC-20 layer for creator tokens.

“Since July alone, Zora on Base has recorded 1.6 million tokens minted, generating $470 million in trading volume and $3.4 million in creator royalties,” Gherghelas wrote.

Data from DefiLlama shows that starting in July, Zora’s revenue jumped to $4.7 million, marking a more than 312,000% increase compared to Q4 2024. On the marketplace front, OpenSea has emerged as the leader on Base, with Gherghelas attributing this to the fact that the marketplace was an early Base supporter.

NFT Volume by Marketplace

Amid the recent uptick in NFT activity, OpenSea has overtaken Blur over the past 90 days, with trading volume of $389 million, compared to Blur’s $312 million, according to Token Terminal.

Source: https://thedefiant.io/news/nfts-and-web3/base-overtakes-solana-in-nft-volume-as-zora-drives-minting-frenzy

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Edges higher ahead of BoC-Fed policy outcome

Edges higher ahead of BoC-Fed policy outcome

The post Edges higher ahead of BoC-Fed policy outcome appeared on BitcoinEthereumNews.com. USD/CAD gains marginally to near 1.3760 ahead of monetary policy announcements by the Fed and the BoC. Both the Fed and the BoC are expected to lower interest rates. USD/CAD forms a Head and Shoulder chart pattern. The USD/CAD pair ticks up to near 1.3760 during the late European session on Wednesday. The Loonie pair gains marginally ahead of monetary policy outcomes by the Bank of Canada (BoC) and the Federal Reserve (Fed) during New York trading hours. Both the BoC and the Fed are expected to cut interest rates amid mounting labor market conditions in their respective economies. Inflationary pressures in the Canadian economy have cooled down, emerging as another reason behind the BoC’s dovish expectations. However, the Fed is expected to start the monetary-easing campaign despite the United States (US) inflation remaining higher. Investors will closely monitor press conferences from both Fed Chair Jerome Powell and BoC Governor Tiff Macklem to get cues about whether there will be more interest rate cuts in the remainder of the year. According to analysts from Barclays, the Fed’s latest median projections for interest rates are likely to call for three interest rate cuts by 2025. Ahead of the Fed’s monetary policy, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, holds onto Tuesday’s losses near 96.60. USD/CAD forms a Head and Shoulder chart pattern, which indicates a bearish reversal. The neckline of the above-mentioned chart pattern is plotted near 1.3715. The near-term trend of the pair remains bearish as it stays below the 20-day Exponential Moving Average (EMA), which trades around 1.3800. The 14-day Relative Strength Index (RSI) slides to near 40.00. A fresh bearish momentum would emerge if the RSI falls below that level. Going forward, the asset could slide towards the round level of…
Share
BitcoinEthereumNews2025/09/18 01:23