The Ethereum layer-2 network Base’s non-fungible token (NFT) ecosystem gained significant attention in September, achieving the highest sales count among collections, according to DappRadar data.
NFTs on Base claimed five of the top 10 positions by sales count in September, with DX Terminal and BasePaint taking the first and second spots. This strong performance underscored Base’s swift emergence as a center for innovative NFT projects, encroaching on the space traditionally held by Ethereum and Polygon.
Despite the rise in Base NFT sales, DappRadar data indicated that trading volumes largely remained with Polygon and Ethereum collections. Polygon’s Courtyard topped the month with $43.9 million, followed by Ethereum’s Moonbirds and CryptoPunks at $34 million and $25.8 million, respectively.
In contrast, Base’s DX Terminal secured the fourth position in trading volume with $25.5 million, representing a nearly 1,700% increase, as noted by DappRadar.
AI NFTs take center stage in September
DX Terminal emerged as the catalyst for Base’s rise in the NFT market. The project recorded 1.27 million sales, marking an over 1,000% increase from the previous month. It also attracted more than 200,000 traders engaging with the NFTs in September.
The project presents a gaming format where NFTs serve as AI-powered trader agents within a retro-futuristic market simulation. Each NFT represents an independent character with unique traits and behaviors, competing to gather in-game wealth and recognition while responding to player interactions, rival firms, and non-playable characters.
Unlike traditional NFT games featuring play-to-earn (P2E) dynamics, DX Terminal does not provide direct token rewards or real-world payouts. Although it includes in-game tokens, they lack any real-world monetary association.
In May, DX Terminal stated that its in-game native currency, WEBCOIN, exists offchain and is managed internally.
“The in-game currency holds no real-world value, and any external tokens claiming affiliation are unofficial,” the team clarified.
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Gaming NFTs defy broader market downturn
Among the top 10 NFTs ranked by trading volume, only DX Terminal and Immutable’s Guild of Guardians Heroes NFTs, associated with a role-playing game (RPG), witnessed gains in September.
DappRadar data revealed that established collections like CryptoPunks, Pudgy Penguins, and the Bored Ape Yacht Club (BAYC) experienced trading volume reductions of approximately 50% to 60% over the past month.
Even Courtyard and Moonbirds, which ranked first and second by trading volume during the month, reported declines of around 25% and 13.6%, respectively.
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