Welcome to Metaverse Market Analysis! Every Monday we bring you the latest statistics and data on the overall state of the Metaverse market. This week’s article is a monthly metaverse market overview. This column one landMetaverse virtual land financial platform.
highlightTS:
- Ethereum has completed its merge into Proof of Stake, but $ETH fell 14.4% over the month.
- Sandbox will finally get some ROI from alpha season 3, but who will buy it?
- Is the Metaverse Land Cap Rising for the First Time Since May’s High? Otherside and Decentraland Consolidate Gains.
M.arc analysis
Two words on everyone’s lips in cryptocurrency in September were “The Merge.” The media are talking about Ethereum’s move to Proof of Stake and how it will affect everything from Bitcoin to energy, the environment, NFTs, blockchain games, regulation and, of course, the price of ETH. It was full of reports and speculation about.
ETH price did not rise in the previous few days Merge on September 15th In fact, it fell for a week after that, eventually dropping 14.4% to $1,328, about 20% higher than when the Merge date was first announced.
Good performances from Decentraland and Otherside, along with the drop in ETH price, pushed OneLand’s total Metaverse Land Cap past the 1 million ETH mark again.
total market capitalization of sandbox, Decentraland, voxel, somnium space, world wide web, NFT World, other side, BYOPills, arcade land When tree bath It ended at 11.5%, just below the month. 1,018,000 ETHwhich is the first monthly gain since the market high in May.

Increased trading activity combined with better pricing action saw a land cap of DecentralWhen When other side Receive and push boosts of 37% and 13.5% respectively. Decentralandis over 250k ETH, other side Playing with 500k ETH for the first time since August.
Both trading volumes increased sandbox (+36%) and Decentraland (39%). sandbox finally achieved some ROI two months after AlphaSeason3, with sales up 67% in September. Decentraland is 6th Well below sandbox trading activity, but a week of restoring land caps.

There was a weekly spike in the average price of Decentraland (+45%), othersr~ side (+26.5%) and somnium space (+155%) in recent sales improvement. In addition to those three, trading volumes fell across the board.
It’s been two months since the ETH price fell 14.4%.. of metaverse heat index A similar monthly decline (-13.5%) was seen, ending the month at $29.31, falling below $30 for the first time in 15 months.


metaverse project
sandbox

There was a $3 million offer for SAND as part of a new LANDholder exclusive offer. Staking program boost trading activity in sandbox That’s because the two months of the 10-week AlphaSeason3 have come to an end.
trading volume at sandbox September saw a 36.3% increase from the previous month.rare 20 ETH Sale The second sale in four months of over 10 ETH on September 3rd definitely helped. However, other big sales didn’t last, pushing the average price down (-18.6%) for two months and relying on a new staking program, lower prices, and cheaper $ETH to keep trading bubbling.

After the staking program launched on September 22nd, there was a surge in trading volume and unique traders. On the same day, unique owners also began to decline. This suggests that more existing owners are taking up his LAND. This is not necessarily due to AlphaSeason3’s broader appeal.of LAND holders sandbox ended the month down 4.2%. Moreover, sandboxland cap continued to fall, dropping another 11% to 171,000 ETH in September. This puts him 32% less than Decentraland, which reversed in July and remained higher until September 4th.
As usual, sandbox announced a number of new partnerships, including South Korean broadcast network MBC, DBS Bank, esports group Faze Clan, PC gaming brands Softstar and CyberKongz. Both Faze Clan and Softstar offer virtual experiences. sandbox.
Decentraland

Decentraland’s land cap ended the month it started. The land cap rose, up 37% month-on-month to 251,551 ETH, the first monthly increase since May. After a quiet August, higher prices dominated Skyline on his Decentraland Trade Plots chart in September, but the average price (+45%) has been rising ever since his mid-August. increase.

NFT World

the best we might say NFT worldVRE’s September boom at least looks to be leveling off after Microsoft’s collapse following its July decision to ban NFTs from Minecraft.
NFT World‘Land cap lowered 33,361 ETH at 2.4% per month And while the average price has fallen terribly, it has returned with 65 ETH sold in four days, at least with more signs of life towards the end of the month.

However, as the team gears up for a new game, they have one main goal. It will be assigned a playable alpha in Q1 2023. On September 30th, NFT World Announced integration with blockchain game API MetaFab. $WRLD token is supported by default in MetaFab, NFTs W.order Predicting $WRLD token use cases (+16%) NFT World.
world wide web

world wide web We never stop integrating more NFT collections into the metaverse. September alone brought his NFT collection from Fancy Bears, Grillz Gang, SuperNormal, Moonbirds Oddities, Bitlectro Labs, Rekt Wold, and Chimpers.
It was Insufficient to activate purchase However, the apartment world wide webmarket cap, volume and average price all plunged in September.

Two good trading days at the beginning and end of the month could not hide the bear market simply continuing. world wide webAugust’s upturn was short-lived, Transaction volume, land cap and average price All down MoM.
world wide webof VRE market There has been a downward trend since March, with the average price reaching just 0.496 ETH in September. In fact, after January 2021, the price will not be this low.
other side

other side Yuga Labs Exciting New trailer video for its signature metaverse. Thursday the 8th, Otherdeed #12 of 279 ETH (followed by sales of 250, 229, 140, 110, 93, 75, 72 ETH), pushing the land market cap north by 20%.
From that point on other sides landcap marked 500,000 ETH for the rest of the month, ending September with a 13.5% increase to 494,613 ETH.

BYOPills
September was a quieter month than August for BYOVERSE land sales, but total land caps were still up 8.1% for the month.There has been a slight spike in trading BYOPills and Legends of Venari launched a cross-world event, and another one on the 27th, when BYOPills did the same with Galaxy Fight Club.
Nonetheless, except for two sales of 6.0 ETH and 5.35 ETH, nothing exceeded 1.5 ETH during the month, and trading volume was down 23% month-on-month.

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