Ethereum NFTs Exposed: Is the BAYC Hype Train Derailing?

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Bored Ape Yacht Club (BAYC) was one of the worst-performing collections in the NFT market after sales decreased by 37.30% in the last

was one of the worst-performing collections in the NFT market after sales decreased by 54.86% in the last 24 hours.Pudgy Penguins’ sales also plunged by double-digits. However, the likes of Crypto Punks and Pandora did not follow the same trend.The decline in these transactions was a testament to the dwindling interest in the Ethereum ecosystem. Following the decline, Ethereum NFTs overall sales

On the 18th of March, AMBCrypto reported how Solana has been outperforming the second most valuable blockchain on different fronts.If care is not taken, the lackluster performance of BAYC might affect Ethereum.

 

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