Non Fungible Tokens Sales Spike as Ethereum Leads, Solana Narrows Gap and Ordinals Reenter Top 10
Jakarta — The non fungible tokens market registered a sharp uptick in trading over the most recent 24‑hour window, sending several leading collections back above seven‑figure daily sales and lifting cross‑chain participation. The move matters because it is already changing liquidity dynamics on Ethereum and Solana, and has pushed Bitcoin Ordinals back into the top 10 by sales volume.
Non Fungible Tokens Spike in 24‑Hour Trading
Daily sales for a number of well‑known collections surpassed IDR 16, 829, 000, 000 (US$1, 000, 000) per collection, a threshold that underlines the scale of the rebound. Ethereum‑based projects remain the largest winners, but Solana sets have narrowed the gap in market liquidity, while Bitcoin‑based collectibles created through the Ordinals protocol rejoined the top 10 by sales volume. This concentration of capital in top‑tier projects signals investor preference for assets with an established track record rather than brand‑new drops.
Ethereum Technicals and Market Effects Cited by Meyka
Meyka’s technical read shows an Ethereum RSI at 41. 59 and an ADX at 47. 04, with a MACD histogram that is positive against a negative line. Bollinger’s middle band sits near recent averages while the lower band lies far below, a setup that could produce asymmetry if demand tied to rising Ethereum NFT volume persists. The practical effect noted is that stronger NFT tape tends to improve marketplace liquidity, narrow spreads, and help stabilize floor prices—factors that can feed back into token sentiment as fees and activity rise.
Solana Momentum, Bitcoin Ordinals and Network Impacts
Solana’s readings show RSI 43. 85, CCI 106. 85 and Williams %R at −3. 32 with an ADX of 51. 30; Keltner channels center near recent trade and momentum is described as firm. For Bitcoin, the indicators list RSI 41. 94 and ADX 49. 85, a profile characterized as a strong trend with neutral momentum. Ordinals’ return to the top cohort is highlighted as adding a demand pillar beyond macro forces: higher inscription activity can push on‑chain fees upward and keep miners engaged, an effect that benefits network security.
Australia Post’s DigiStamps and Utility‑First Collectibles
Brands are experimenting with utility first drops: Australia Post launched non‑tradeable “DigiStamps” that tie digital items to customer accounts instead of open secondary markets. The stated focus is on utility and engagement rather than speculation, a shift likely to broaden audiences beyond traders by routing users into wallets, identity systems and payment rails. That practical angle may raise marketplace visits and discovery while supporting baseline activity on major chains.
Germany Investors, Trading Signals and Risk Management
For investors in Germany, the flow of NFTs often leads activity in tokens, liquidity and fees, particularly during European trading hours where healthier depth can ease slippage on entries and exits. Market guidance includes using real‑time sales dashboards, monitoring marketplace depth and gas or priority fees, watching ATR and intraday ranges, and sizing positions to account for high volatility. If momentum cools after spikes, the recommended approach is to scale in on pullbacks toward mid‑bands and cut quickly on failed bounces; late entries should respect tight stops and clear invalidation levels.
First mention of SOLUSD is often tied to liquidity po — unclear in the provided context.
Why This Matters and What To Watch Next
The immediate cause—renewed buyer activity across Ethereum, Solana and Bitcoin Ordinals—has the effect of boosting secondary‑market liquidity, narrowing spreads and lifting floor stability, which in turn can support broader token sentiment and fee income for networks. Social media trends and new partnership announcements are also driving day‑to‑day dynamics, while the underlying volatility of crypto assets remains a complicating factor: floor prices for top collections often move in sync with macro cryptocurrency market sentiment.
What makes this notable is the cross‑chain mix. Ethereum’s dominance, Solana’s narrowing gap and Bitcoin Ordinals’ return together create multiple demand pillars that may sustain a rebound in buyer depth. If current volume levels are maintained, market participants in the context have suggested it could even trigger renewed bullish pressure on supporting digital assets—but whether growth is driven by many buyers or a handful of high‑value transactions requires monitoring average sales metrics closely.
The sustainability of the upswing will hinge on creator innovation and the practical usefulness of NFTs outside speculative markets, and participants are advised to conduct in‑depth research before entering popular collections.
