OneLand Metaverse Market Analysis: June 26-July 2

Welcome to Metaverse Market Evaluation! Each Monday we convey you the newest stats and knowledge on the general state of the Metaverse market. This column is in partnership with the unbelievable workforce from OneLand, a monetary platform for digital lands within the Metaverse. This week brings the OneLand Metaverse Market Evaluation stats for June 26 – July 2, 2023.

Stake your TheSandbox LAND & earn 3.39%* APY. Stake your $SAND & earn 12.44%* APY.  (*2.7.2023)

OneLand 7-day knowledge exhibits complete land cap for the ten tasks dipping 0.23%% to 704,386 ETH (or $1.364 billion, +1.77%), whereas ETH continued its value rally, up 1.99% to $1,937.88.

Total, metaverse lands nonetheless look like performing higher than non-land NFTs, the 10-project mixture land market cap down 8.46% for the month in comparison with 21.46% for the general NFT market (nftgo.io).

Decentraland loved a second consecutive week of rising commerce volumes, up one other 72.6% to 34.99 ETH. Practically half of all land gross sales had been Estates, together with one for 13.81 ETH on the third and last day of its Pleasure pageant, which went on to document each its top-priced land sale and highest every day quantity in 3 months.

The common value thus soared (+285%), although any value motion in Decentraland ought to be taken with a grain of salt given gross sales are often fortunate to succeed in even 5-10% of that of The Sandbox or Otherside. For its half, the 7-day common value at Otherside reached its lowest in a number of months, Yuga’s digital world mission not seeing any sale of an Otherdeed increased than 24.0 ETH since mid-Could.

Issues additionally appear to be choosing up over at Countless Studio’s MMORPG wonderchild Treeverse, which simply dropped one other spectacular month-to-month replace and teased some Alpha to drop July 6. Land cap dropped 1.24%, however buying and selling quantity (+33.9%), gross sales depend (+24%) and common value (+7.9%) had been all up for the week.

For explanations of our knowledge calculations, verify docs.oneland.world/. For metaverse market and mission knowledge, verify oneland.world.

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Monetary platform for digital lands within the metaverse.