Welcome to Metaverse Market Analysis! Every Monday we bring you the latest stats and data on the overall state of the Metaverse market. This column is in partnership with the incredible team from OneLand, a financial platform for virtual lands in the Metaverse. This week brings the OneLand Metaverse Market Analysis stats for June 26 – July 2, 2023.

Stake your TheSandbox LAND & earn 3.39%* APY. Stake your $SAND & earn 12.44%* APY.  (*2.7.2023)

OneLand 7-day data shows total land cap for the 10 projects dipping 0.23%% to 704,386 ETH (or $1.364 billion, +1.77%), while ETH continued its price rally, up 1.99% to $1,937.88.

Overall, metaverse lands still appear to be performing better than non-land NFTs, the 10-project aggregate land market cap down 8.46% for the month compared to 21.46% for the overall NFT market (nftgo.io).

Decentraland enjoyed a second consecutive week of rising trade volumes, up another 72.6% to 34.99 ETH. Nearly half of all land sales were Estates, including one for 13.81 ETH on the third and final day of its Pride festival, which went on to record both its top-priced land sale and highest daily volume in 3 months.

The average price thus soared (+285%), though any price movement in Decentraland should be taken with a grain of salt given sales are usually lucky to reach even 5-10% of that of The Sandbox or Otherside. For its part, the 7-day average price at Otherside reached its lowest in several months, Yuga’s virtual world project not seeing any sale of an Otherdeed higher than 24.0 ETH since mid-May.

Things also seem to be picking up over at Endless Studio’s MMORPG wonderchild Treeverse, which just dropped another impressive monthly update and teased some Alpha to drop July 6. Land cap dropped 1.24%, but trading volume (+33.9%), sales count (+24%) and average price (+7.9%) were all up for the week.

For explanations of our data calculations, check docs.oneland.world/. For metaverse market and project data, check oneland.world.

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*All investment/financial opinions expressed by us are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.