Main navigation

108,900 XRP Is New Record for XRPL NFT Sales: Details

Fri, 11/25/2022 - 16:05
article image
Gamza Khanzadaev
More than 100,000 XRP paid to set record for NFT sales on XRPL
108,900 XRP Is New Record for XRPL NFT Sales: Details
Cover image via

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Read U.TODAY on
Google News

A new record of NFT sales on XRP Ledger was set today. As reported by onXRP, an XRPL-based modular ecosystem, one of the "XRPL Punks" collection's items sold for 108,900 XRP, the equivalent of $44,000.

According to the collection's official Twitter account, the sale was the result of an open auction of Xpunk #8811. Without revealing the name of the buyer, it was stated that this person is known to the community.

The XRPL Punks collection, or Xpunks, homage to the already legendary non-fungible CryptoPunks collectibles, is one of the hottest on XRPL. Since the long-awaited XLS-20 amendment was applied to XRPL this fall, Xpunks alone have traded 1.78 million XRPs to date.

Interestingly, the second most popular collection is a reference to another already legendary NFT collection, the Bored Ape Yacht Club. The Bored Apes XRP Club has two times less, but still a turnover of 866,533 XRP.

XRP's 11% Rally Makes It Most Profitable Crypto of Last 24 Hours, Here's What's Next

Fast-returning record

A fresh purchase by an unknown community hero stands a good chance of going up in price and making a profit for its owner in the near future. As reported by U.Today, the price of XRP has been showing extremely positive action lately and is clearly aiming for at least October levels.

article image
About the author

Financial analyst, trader and crypto enthusiast.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management.

He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.