{"id":294411,"date":"2025-06-15T06:55:16","date_gmt":"2025-06-15T06:55:16","guid":{"rendered":"https:\/\/peraltafinancing.com\/uncategorized\/former-crypto-executive-appointed-to-serve-as-secs-director-of-trading-and-markets-block-news-media-dao-llc\/"},"modified":"2025-06-15T06:55:16","modified_gmt":"2025-06-15T06:55:16","slug":"former-crypto-executive-appointed-to-serve-as-secs-director-of-trading-and-markets-block-news-media-dao-llc","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=294411","title":{"rendered":"Former Crypto Executive Appointed To Serve As SEC\u2019s Director of Trading and Markets \u2013 Block News Media DAO LLC"},"content":{"rendered":"


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The NFT market has experienced a strong rally, with sales volume jumping by 37.10% to $144.8 million.<\/p>\n

According to data from CryptoSlam<\/a>, this marks the biggest weekly gain in recent months for the sector.<\/p>\n

The spike coincides with Bitcoin\u2019s (BTC<\/a>) recent climb to the $105,000 mark. Ethereum (ETH<\/a>)\u00a0also had a slight 2.5% increase during the previous seven days. Last week, the total global cryptocurrency market cap increased from $3.28 trillion to $3.29 trillion.<\/p>\n

Market participation has surged greatly with NFT buyers increasing by 50.56% to 1,061,348, and NFT sellers rising by 8.09% to 38,494. NFT transactions have also grown by 7.88% to 1,749,437.<\/p>\n

Immutable dethrones Ethereum in sales<\/h3>\n

Interestingly, Immutable (IMX<\/a>) has overtaken Ethereum to claim the top position with $41.7 million in sales. It has surged by 156.01% from the previous week. This is one of the first times Ethereum has lost its leading position in months.<\/p>\n

\"NFT <\/picture>
Source: Blockchains by NFT Sales Volume (CryptoSlam)<\/figcaption><\/figure>\n

With $31.5 million in sales, Ethereum has fallen to second position, although it is still showing strong growth of 6.69%. At $1.9 million, Ethereum\u2019s wash trading has dropped by 2.91%.<\/p>\n

Bitcoin, at $19.4 million, is still in third place after rising 22.55%. Polygon (POL<\/a>) has increased 32.91% and is now in fourth place with $18.5 million. Mythos Chain, with $14.1 million, completes the top five.<\/p>\n

BNB (BNB<\/a>) Chain has entered the top rankings in sixth place with $8.4 million, jumping 47.59%. Solana (SOL<\/a>) sits in seventh with $6.3 million, up 5.30%.<\/p>\n

The buyer count has increased across all major blockchains, with Polygon leading at 35.63% growth, followed by Solana at 27.41% and Bitcoin at 23.22%.<\/p>\n

Guild of Guardians Heroes has taken the top spot in collection rankings with $24.7 million in sales. It has more than doubled with 132.53% growth. This gaming collection has benefited directly from Immutable\u2019s surge.<\/p>\n

Courtyard on Polygon has moved to second place with $17.2 million with a strong growth of 36.33%. Guild of Guardians Avatars holds third position with $10.3 million, more than doubling with 108.61% growth.<\/p>\n

DMarket maintains fourth place with $8.9 million, with a minimal growth of 0.15%. Uncategorized Ordinals on Bitcoin have entered the top five with $7.6 million, with a surge of 1,556.66%.<\/p>\n

CryptoPunks has disappeared entirely from the top collection rankings, a notable drop from its previous sixth-place position.<\/p>\n

Notable high-value sales from this week include:<\/p>\n