Santiment Report: Decentraland tops NFT growth rankings

• Decentraland stays on the prime of the event rankings, highlighting the platform's development regardless of a 9.30% weekly value drop.
• Stream secures second place in growth, sustaining robust exercise whereas dealing with a 7.20% value drop this week.
• Metaplex ranks third in NFT growth regardless of a 12.92% weekly value drop and decreased buying and selling quantity.

Decentraland (MANA) stands out as the highest NFT undertaking when it comes to growth exercise, in accordance with Santiment's newest information.

Nonetheless, MANA value dropped to $0.247, displaying a 3.77% lower within the final 24 hours and a extra vital lower of 9.30% within the final week. Regardless of this value drop, Decentraland's market cap stays at a decent $459.5 million.

The undertaking has not seen a rise or lower within the ranking in comparison with final month and maintains its first place.

Stream (FLOW) maintains the place of the second most energetic NFT undertaking in growth in accordance with the Santiment rating.

Regardless of its outstanding place, the worth of FLOW has fallen to $0.5129, reflecting a 3.24% drop within the final 24 hours and a 7.20% drop within the final week. The undertaking has a circulating provide of 1.5 billion FLOW tokens with a present market cap of $783.8 million and a 24-hour buying and selling quantity of $32.1 million.

FLOW's continued presence in growth comes amid fluctuating costs, demonstrating the undertaking's continued dedication to enhancing its platform.

Metaplex (MPLX) ranks third within the checklist of prime NFT tasks by growth exercise, however the token value has seen a big drop. MPLX is at the moment priced at $0.2454, down 0.98% within the final 24 hours and down 12.92% within the final week. The undertaking has a circulating provide of 980 million tokens with a market cap of $241.3 million and a comparatively low commerce quantity of $649,790 within the final 24 hours.

Regardless of the drop in value, Metaplex has remained within the prime three NFT tasks because of continued growth, highlighting its continued technical development.

Enjin Coin (ENJ) ranks fourth in growth exercise and exhibits optimistic motion in its ranking, however its value has fallen to $0.1316. The token has seen a 1.63% value drop within the final 24 hours and a 7.92% drop within the final week. Enjin has a market cap of $223.9 million, with 1.7 billion ENJ tokens in circulation and a 24-hour buying and selling quantity of $19.9 million.

Axie Infinity and different high-end tasks face value challenges

Axie Infinity (AXS), in fifth place, has seen a big value drop of 5.25% within the final 24 hours and 12.53% within the final seven days. The present value of AXS is $4.19, with a market cap of $624.6 million and a 24-hour buying and selling quantity of $33.7 million. Though Axie Infinity's ranking has decreased in growth, the undertaking continues to be a key participant within the NFT house.

Aavegotchi (GHST) holds the sixth place with a value of $0.8147. The undertaking has seen a drop of 4.72% within the final 24 hours and 12.24% within the final week. The circulating provide is 51 million GHST and the undertaking has a market cap of $41.6 million.

Ranked seventh, Sandbox (SAND) is at the moment priced at $0.2337, with a circulating provide of two.3 billion SAND tokens. Regardless of the secure place, SAND has seen a lower of three.78% within the final 24 hours and eight.78% within the final seven days.

Monavale (MONA), Dypius (DYP) and Phantasma (SOUL) are additionally listed within the prime 10. MONA is down 8.05% within the final day, whereas DYP is down 1.19%. Phantasma (SOUL) is among the few tasks to indicate value development over the previous week with a 0.87% enhance, though its 24-hour change stays destructive at 0.93%.