Metaverse

OneLand Metaverse Market Analysis: Sep 25 – Oct 1

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 Sep 25 – Oct 1.

Stake your TheSandbox LAND & earn 2.79%* APY. Stake your $SAND & earn 7.48%* APY (*10.2.2023)

OneLand 7D data shows aggregate land cap for the 10 projects listed falling 0.67% to 656,191.85 ETH. But in USD terms, land cap pumped 8.92% to $1.137 billion on the back of a cryptocurrency rally of 5.71% that saw $ETH soar 9.63% to $1,733.

Meta Rankings — Market Cap (7D)

Looking closer, and Otherside hit its lowest land cap of Otherdeeds to date (-0.95% to 323,161 ETH).

Ironically, it happened in the same week Otherside enjoyed its highest volume in a full 3mths (+102.5% to 265.95 ETH). This – as average land prices sunk to a lowly 0.75 ETH (but APEcoin at least was up by 15.66% for its first 7D rise in 2mths).

OneLand Metaverse Market Analysis Sep 25 - Oct 1
Otherdeed prices are down in October — Trade Plots (3M)

In contrast, over at HYTOPIA, last week’s average price almost reached a whopping 3 ETH per parcel, as its land cap continues its rise.

It is an interesting comparison (check Land Price Trend chart below), one that warrants further comparative analysis of the two projects.

OneLand Metaverse Market Analysis Sep 25 - Oct 1
Land Price Trend — HYTOPIA & Otherside (1Y)

At The Sandbox, it was once again a case of land sales inducing trades, but at the expense of/supported by lower prices (avg price -43.5% to 0.252 ETH). Higher sales (+455%) & volume (+214.3%) did nothing to rescue a falling LANDs cap (-0.77% to 116,118 ETH).

OneLand Metaverse Market Analysis Sep 25 - Oct 1
Meta Rankings — Trading Volume (7D)

7D trading volume was also up at Decentraland (+617.4%) — 6 Estates exchanging wallets, incl. one for 7.47 ETH — in the week they announced their upcoming Metaverse Music Festival 2023.

At Worldwide Webb, 7D sales recovered from a bad week and, with Penthouse 9054 moving wallets for 4.53 ETH, sent 7D volume soaring 1,014%.

While over at BYOPills – and BYOLand prices were up last week by 92.8% to 0.112 ETH, as excitement heats up for this week’s BYORacer launch.

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


OneLand is a 1-stop MetaHub — providing Metaverse data & analytics, Land NFT marketplace, LandFi tools and Metaverse MediaHub. Our mission is to make it easy to discover, access, stay tuned to, research and invest in the metaverse projects you love most.

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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.

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