{"id":20776,"date":"2023-08-07T09:39:49","date_gmt":"2023-08-07T09:39:49","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/metaverse\/oneland-metaverse-market-analysis-july-31-aug-6\/"},"modified":"2023-08-07T09:39:59","modified_gmt":"2023-08-07T09:39:59","slug":"oneland-metaverse-market-analysis-july-31-aug-6","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/metaverse\/oneland-metaverse-market-analysis-july-31-aug-6\/","title":{"rendered":"OneLand Metaverse Market Analysis: July 31 \u2013 Aug 6"},"content":{"rendered":"<div itemprop=\"mainEntityOfPage\">\n<p>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 July 31 \u2013 Aug 6.<\/p>\n<p><em>Stake your TheSandbox LAND &amp; earn 3.29%* APY. Stake your $SAND &amp; earn 9.33%* APY (*8.7.2023)<\/em><\/p>\n<p>7-day data shows VRE market cap for the 10 projects on OneLand falling for an 11th straight week, this time by 0.8% to 662,614 ETH (or -2.58% to $1.211 billion). Notably, none of the 10 projects\u2019 land caps were in the green.<\/p>\n<p>Overall global NFT market cap (down 21.6% since this time in June) held relatively steady for the week, down 0.32% at 3.09 million ETH. Meanwhile, $ETH\u2019s price fell 1.85% to $1,827.24.<\/p>\n<figure id=\"attachment_59100\" aria-describedby=\"caption-attachment-59100\" style=\"width: 665px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-59100\" class=\"wp-caption-text\"><noscript><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-59100 lazyload\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/08\/OneLand-Metaverse-Market-Analysis-July-30-Aug-6-2-300x144.png\" alt=\"OneLand Metaverse Market Analysis July 30 - Aug 6\" width=\"665\" height=\"319\"  ><\/noscript> Meta Rankings \u2013 VRE Market Cap (7D)<\/figcaption><\/figure>\n<p>Trading volumes were a mixed bag, with Decentraland (+40.5%) enjoying a little more activity than in recent weeks, while there were also minimal increases for The Sandbox, Worldwide Webb and Treeverse.<\/p>\n<p>Last week, Somnium Space\u2019s massive V3 update caused a flurry of Land Parcel sales (+650% for the week), notably 10 on Thursday (albeit seemingly all from the same buyer?) \u2013 its highest daily sales count since April 2022!<\/p>\n<p>7-day volume thus soared (+391.5% to 10.59 ETH), while its native token $CUBE also enjoyed a rise (+7.56%) regardless that most other crypto and metaverse tokens (incl. $ETH, $MANA, $SAND &amp; $APEcoin) fell.<\/p>\n<figure id=\"attachment_59102\" aria-describedby=\"caption-attachment-59102\" style=\"width: 673px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-59102 lazyload\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/08\/OneLand-Metaverse-Market-Analysis-July-30-Aug-6-3-300x133.png\" alt=\"OneLand Metaverse Market Analysis July 30 - Aug 6\" width=\"673\" height=\"298\"  ><figcaption id=\"caption-attachment-59102\" class=\"wp-caption-text\"><noscript><img decoding=\"async\" class=\"wp-image-59102 lazyload\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/08\/OneLand-Metaverse-Market-Analysis-July-30-Aug-6-3-300x133.png\" alt=\"OneLand Metaverse Market Analysis July 30 - Aug 6\" width=\"673\" height=\"298\"  ><\/noscript> Somnium Space\u2019s V3 Update led to its largest daily sales count of land parcels in 15 months.<\/figcaption><\/figure>\n<p>The average price of an Otherdeed continues to slide, this week falling below the 1 ETH mark (-13.17%) approx. half of its value just 2 months back.<\/p>\n<p>Sales numbers and trading volumes at Otherside mirror the current NFT market, its top sale this week just 8.99 ETH. Meanwhile, average weekly top sales have plunged from 103 ETH in May, to 19.13 ETH in June, then 10.1 ETH in July.<\/p>\n<figure id=\"attachment_59104\" aria-describedby=\"caption-attachment-59104\" style=\"width: 684px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-59104 lazyload\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/08\/OneLand-Metaverse-Market-Analysis-July-30-Aug-6-4-300x89.png\" alt=\"OneLand Metaverse Market Analysis July 30 - Aug 6\" width=\"684\" height=\"203\"  ><figcaption id=\"caption-attachment-59104\" class=\"wp-caption-text\"><noscript><img decoding=\"async\" class=\"wp-image-59104 lazyload\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/08\/OneLand-Metaverse-Market-Analysis-July-30-Aug-6-4-300x89.png\" alt=\"OneLand Metaverse Market Analysis July 30 - Aug 6\" width=\"684\" height=\"203\"  ><\/noscript> Prices at Otherside have been on a rocky spiral downwards since launch. Will they hit a bottom?<\/figcaption><\/figure>\n<p><em>For explanations of our data calculations, check\u00a0docs.oneland.world\/. For metaverse market and project data, check\u00a0oneland.world.<\/em><\/p>\n<p><em>\u2014<\/em><br \/><em>OneLand is a 1-stop MetaHub\u200a\u2014\u200aproviding Metaverse data &amp; 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.<\/em><\/p>\n<p><em>Connect with us on <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/OneLand_World\" target=\"_blank\">Twitter<\/a><\/em><\/p>\n<p><b>Want more? <\/b><\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/nftplazas\" target=\"_blank\"><\/a><\/p>\n<p><small><em>*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.<\/em><\/small><\/p>\n<\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><script async defer src=\"https:\/\/platform.instagram.com\/en_US\/embeds.js\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 July 31 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20777,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[38],"tags":[],"class_list":["post-20776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metaverse"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>OneLand Metaverse Market Analysis: July 31 \u2013 Aug 6 | NFT &amp; Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nftandcrypto-news.com\/metaverse\/oneland-metaverse-market-analysis-july-31-aug-6\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OneLand Metaverse Market Analysis: July 31 \u2013 Aug 6 | NFT &amp; Crypto News\" \/>\n<meta property=\"og:description\" content=\"Welcome to Metaverse Market Analysis! 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