Solana's Mad Lads NFTs reach 6th place with $186.7 million market cap

Mad Lads, a prominent non-fungible token (NFT) collection on the Solana blockchain, has risen to the sixth spot among top NFT projects by market cap.
Key Takeaways
- Solana NFT Mad Lads reached 6th place, market cap $188.1M, floor price $18,905.
- Solana surged 19%, driving NFT market growth to $714M in total cap.
- Trump's Digital Trading Cards' floor price rose to $936.91, market cap $93.5M.
- Solana NFTs and tokens like Jupiter (+33%) and Raydium (+10%) saw significant gains.
The collection’s value has reached $188.1 million, with a floor price of $18,905. Over the last 24 hours, Mad Lads recorded $473,788 in trading volume from 24 sales, representing a 5.15% floor price increase.
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This surge coincides with a broader rally in the Solana ecosystem, propelled by the launch of the TRUMP memecoin on January 17 by President-elect Donald Trump. The memecoin’s debut pushed Solana’s price to an all-time high of $287, up 19% in the past day.
Market Cup Official Trump. Sourse: CoinGecko
The overall Solana NFT market has expanded by 15% in the last 24 hours, with its market cap climbing to $714 million. Trading volume across collections reached $3.39 million. Other Solana-based NFTs are also benefiting from the rally. Claynosaurz saw a 13.8% increase in its floor price to $4,882, with a market cap of $48.8 million. Solana Monkey Business reported a 7.1% rise, reaching a floor price of $7,956 and a market cap of $39.7 million.
Additionally, Solana-based decentralized exchange tokens have experienced significant growth. Jupiter (JUP) surged by 33% to $1.12, while Raydium (RAY) climbed 10% to $7.00.
Trump’s digital trading cards reignite interest
The TRUMP memecoin has also sparked renewed attention in Trump’s Digital Trading Cards on the Polygon blockchain. The first collection now trades at a floor price of $936.91, up 12% in the past day, with 1,275 sales and a market cap of $93.5 million. The second collection has also seen gains, with its floor price rising 10% to $213 and recording 2,133 sales.