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NFT Update: Ethereum upgrades; Reddit drops new digital collectibles; plus NFT borrowing hits $1b

1 min read  ·  12 Apr 2023

Reddit Gen 3 Collectible Avatars, courtesy of Reddit.


  1. Ethereum’s Shanghai / Capella upgrade goes live today, which will enable staked ETH withdrawals. ConsenSys is launching an open-edition NFT collection to mark the milestone.
  2. Reddit has launched the third generation of its collectible avatars, which features the work of over 100 artists.
  3. Cumulative volume for borrowing against NFTs has surpassed $1b, according to data from Dune Analytics.
  4. NFT collection Cool Cats has partnered with Futureverse to “bring new products and experiences” to its community.
  5. Azuki creator Chiru Labs has announced a partnership with digital IP platform IPX.


  1. The Top 3 NFT Sales over the past 24 hours were Azuki #5172 for 245 ETH ($459k), Bored Ape Yacht Club #2544 for 61 ETH ($114K), and Bored Ape Yacht Club #608 for 60 ETH ($114k).
  2. The Top 3 NFT Collections by Volume over the past 24 hours were CryptoPunks with $10.1m (-33%), Azuki with $4.6m (+51%), and Bored Ape Yacht Club with $2.7m (+30%).
  3. The Top 3 NFT Marketplaces by Volume over the past 24 hours were Blur with $31.3m (-6%), OpenSea with $11.2m (+35%), and X2Y2 with $1.7m (+27%).
  4. The Total Crypto Market Capitalisation is $1.28t, a 1% decrease over the past 24 hours.