Record network activity and a second NFT boom send WAX price higher

22 Jul 2021

Record network activity and a second NFT boom send WAX price higher

Record network activity and a second NFT boom send WAX price higherJust a few days before Bitcoin (BTC) price plunged below $30,000, the NFT sector was dominating headlines for the second time in 2021, led by a month-long 972% surge in the price of Axie Infinity. Another NFT-focused protocol that has been gaining fundamental strength in recent months is Worldwide Asset eXchange, also known as WAX — a protocol that claims to "deliver the safest and most convenient way to create, buy, sell, and trade virtual items to anyone, anywhere in the world." WAX/USDT 4-hour chart. Source: TradingViewTop 6 most active blockchain networks. Source: Blocktivity

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