ETH Weekly | OpenSea set the highest single-day sales record for Ethereum NFT; V God donated more than $6.5 million to multiple new crown virus research projects (5.2-5.8)
Author | Qin Xiaofeng
Editor | Hao Fangzhou
Produced | Odaily
1. Overall overview
Author | Qin Xiaofeng
Editor | Hao Fangzhou
According to data disclosed by the blockchain analysis platform Dune, driven by Yuga Labs metaverse project Otherside virtual land Otherdeed sales activities, NFT market OpenSea set a total of 476 million US dollars on May 1. The highest number of NFT transactions on the Ethereum chain single day record. The previous record for OpenSea's highest single-day sales occurred on August 29, 2021, when the transaction volume on that day was close to 323 million US dollars.
Second, the secondary market
1. Spot market
In terms of the secondary market, the current ETH price may continue to consolidate in the short term, with a support level of $2,500 and a resistance level of $2,820.
Second, the secondary market
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2. Large transaction
OKlink data2. Large transaction
3. Rich list address
OKlink data3. Rich list address
3. Ecology and technology
1. Technological progress
3. Ecology and technology
2. Voice of the Community
The configuration file for the third Ethereum mainnet shadow fork has been released
2. Voice of the Community
Vitalik Buterin tweeted that the cost of sending ETH and exchanging Token needs to be less than $0.05 to be truly accepted. However, the Ethereum network has also made great progress, and even the sharding technology EIP-4844 is enough for a transition period.
3. Project trends
(2) Vitalik donated more than US$6.5 million to several new coronavirus research projects
Vitalik, the founder of Ethereum, tweeted that the Balvi Fund he created has provided grants to multiple projects, including funding $2.5 million to RaDVaC, an open source new coronavirus vaccine research and development project, and funding ActiveBuidings, an air purifier developer dedicated to filtering viruses. $1 million, donating $3 million to Long COVID, a coronavirus patient research organization.
3. Project trends
(1) Data: The number of ENS new domain name registrations in April was close to 163,000
The Ethereum domain name service ENS tweeted that the number of new ENS domain name registrations in April was close to 163,000, a monthly record high. In addition, the secondary market turnover on OpenSea in the past month reached 6374 ETH, mainly in the past week, with a turnover of 6037 ETH in the past week.
(2) ENS' April revenue exceeded US$7.83 million, the second highest monthly revenue in history
According to Dune data, the registration/renewal revenue of the Ethereum domain name service ENS exceeded US$7.83 million in April, second only to the historical highest monthly income of US$7.93 million in November 2021. Registration/renewal revenue for ENS in the first week of May so far exceeded $5.42 million.
(3) Otherside's high minting cost may be caused by unoptimized smart contract code
The high minting cost of the Yuga Labs metaverse project Otherside may be caused by unoptimized smart contract code. Adam Hollander, co-founder of Hungry Wolves NFT and holder of BYAC #3987, pointed out that Yuga Labs put the blame on Ethereum, but in fact they should optimize the contract and provide minting windows for those who meet KYC requirements, so that they have enough time and Guaranteed minting. (Cryptobriefing)
(4) OpenSea set the highest single-day sales record of $476 million Ethereum NFT
According to the data disclosed by the blockchain analysis platform Dune, driven by the sales activity of Otherdeed, the virtual land of Otherside, the Yuga Labs metaverse project, the NFT market OpenSea set a total of 476 million US dollars on May 1. The highest NFT transaction on the Ethereum chain single day record. The previous OpenSea highest single-day sales record occurred on August 29, 2021, when the transaction volume on that day was close to 323 million US dollars.
Optimism, the second-layer expansion network of Ethereum, announced the establishment of OP Stimpack, a fund to provide funds for projects on Optimism. Optimism will allocate 231 million OP Tokens to the fund, and will launch an airdrop for builders. First, the number of OP Tokens that a project can claim will be determined by the project’s TVL and daily transaction volume, and then it will be open to any project that meets the Optimism vision. This stage will start after the first round of retroactive airdrops.
(6) Former Moonbirds COO: NFT fund 121G has received over 14,000 Ethereum investment commitments
(7) The Ethereum token payment protocol Raiden Network has been launched on Arbitrum
4. Borrowing
DefipulseThe Ethereum token payment protocol Raiden Network has launched Arbitrum, the second-layer expansion solution of Ethereum. If users have tokens on the Light Client Krittika mainnet version and want to use them on the Light Client Rohini supported by Arbitrum, they need to update It was withdrawn, while RaidenCoruscant and previous RaidenLightClient Krittika mainnet versions are still available.
The data shows that the value of locked-up collateral on the chain dropped from US$75.655 billion to US$70.86 billion last week, a week-to-week decrease of 6.3%; the net increase of US$500 million in the previous week was a net decrease of US$4.8 billion last week, a month-on-month decrease of 1060%. Specifically, the amount of ETH mortgages dropped from 7.312 million to 7.058 million last week, a drop of 3.5%; the amount of BTC mortgages dropped from 178,373 to 176,604, a drop of 0.1%.
5. Mining
(data from etherchain.org)
etherchain.org5. Mining
4. News
(data from etherchain.org)
The data shows that last week, the average computing power rose by 0.9% month-on-month, temporarily reporting 1087TH/s; the average mining difficulty increased by 0.8% month-on-month, temporarily reporting 14024T; the activity on the chain decreased by 2.8% month-on-month, and the total mining revenue decreased by 9.3% month-on-month. Otherside casting ends, GAS returns to normal levels.
4. News
(1) Data: The trading volume of the encrypted market increased by 40% in April, and the income of ETH miners continued to exceed that of BTC miners
The April crypto market analysis data released by The Block shows that in general, April was a mixed month. The adjusted total on-chain transaction volume increased by 40% to $831 billion; BTC transaction volume increased by 55.8%, and ETH transaction volume increased by 1.6%.
BTC miner revenue fell 4.3% to $1.16 billion, while ETH miner revenue rose 6.2% to $1.33 billion. This is the 12th month in a row that ETH miner revenue is higher than BTC miner revenue:
A total of 137,088 ETH (worth $429 million) were burned in April. Since the implementation of EIP-1559 in early August last year, a total of 2.18 million ETH worth $7.72 billion have been destroyed.
(2) Data: SHIB balances of top ETH whales drop below $1 billion
According to WhaleStats data, SHIB is still the number one encrypted asset held by whale wallets on the Ethereum chain. However, compared to May 2, the SHIB balances of these whale wallets dropped significantly, from just over $1 billion to $983,338,440.
