CARDS Token Marks One Year With 22.5M Token Burn and $1.1B in Raydium DEX Volume

Collector Crypt burned 22.5M CARDS tokens on its one-year anniversary as Raydium confirmed $1.1B in cumulative DEX trading volume for the governance token.

• Collector Crypt celebrated its one-year anniversary by burning 22.5 million CARDS tokens, representing approximately 5.4% of its circulating supply, funded by accumulated protocol revenue.
• Concurrently, Raydium reported that the CARDS governance token has achieved $1.1 billion in cumulative trading volume on its decentralized exchange since its launch.
• The platform has tokenized over 130,000 physical trading cards, including sports and collectible cards, and maintains a daily active user base of 40,000.

Topics: Asset types, Scalability, Institutional adoption, Alternative assets, Growth metrics, Asset manager initiatives

Tags: #cardstoken #collectorcrypt #tokenburn #raydium #dexvolume #governancetoken #nft #tradingcards #solana #protocolrevenue

Read more

Jupiter Gacha Surpasses $25 Million in Trading Volume for Tokenized Collectibles

Jupiter Gacha Surpasses $25 Million in Trading Volume for Tokenized Collectibles: Jupiter Gacha, the innovative platform for tokenized physical trading cards on the Solana blockchain, has achieved a significant milestone, ... Jupiter Gacha, tokenized trading cards, Solana blockchain, real-world assets, DeFi collectibles, Jupiter Exchange, Collector Crypt, on-chain gacha, trading volume, Pokémon cards

• Jupiter Gacha, a platform for tokenized physical trading cards on Solana, has surpassed $25 million in trading volume.
• The platform allows users to purchase digital packs of graded Pokémon and One Piece cards, represented by on-chain tokens for instant trading on Jupiter's DEX.
• This initiative, a collaboration with Collector Crypt, signifies growing demand for tokenized collectibles and Jupiter's expansion into real-world asset tokenization.

Topics: Asset types, Infrastructure providers, Integration with defi, Alternative assets, Tokenization platforms, Liquidity pools amms

Tags: #jupitergacha #tokenizedcollectibles #tradingvolume #solanablockchain #pokemoncards #onepiececards #collectorcrypt #jupiterexchange #defi #rwa

Read more

Solana crypto cards report record $70M in volume as tokenized collectibles boom

• Solana's tokenized trading card market reached a record $69.5 million in monthly trading volume, largely driven by the Collector Crypt marketplace.
• Collector Crypt tokenizes graded physical trading cards into NFTs, allowing for on-chain trading and redemption, solving liquidity and fee issues in the traditional collectibles market.
• The article highlights Solana's low transaction fees as a key enabler for this market, but also raises concerns about market concentration and the sustainability of high trading volumes.

Topics: Asset types, Scalability, Blockchain usage, Alternative assets, Market depth liquidity, Ethereum evm l 1 s

Tags: #solana #tokenizedcollectibles #collectorcrypt #tradingvolume #pokemoncards #nfts #physicalcards #onchain #phygitals #gasfees

Read more

Inside Solana's $1.6 Billion Market for Tokenized Trading Cards

A graded Pokémon card locked inside a secure vault can now change hands hundreds of times without ever leaving the shelf. That's becoming one of Solana's fastest-growing real-world

• Solana is emerging as a significant platform for tokenizing physical collectibles like trading cards, wine, and watches, enabling fractional ownership and instant trading.
• Platforms like Collector Crypt are facilitating billions in trading volume by separating ownership from physical delivery, keeping assets in professional custody.
• The low transaction fees and fast confirmation times on Solana make it ideal for high-frequency trading of lower-value collectibles, integrating them into financial applications.

Topics: Asset types, Scalability, Institutional adoption, Alternative assets, Market depth liquidity, Asset manager initiatives

Tags: #tokenizedtradingcards #solana #collectorcrypt #physicalcollectibles #blockchain #ownership #custody #tradingvolume #phygitals #wineandspirits

Read more

Collector Crypt fees surge 129% as Solflare integrates card-pack trading directly into wallet

• Collector Crypt experienced a 129% surge in fee revenue after integrating card-pack trading directly into the Solflare wallet, processing 215,000 pack openings and generating $3.86M in weekly fees.
• The integration streamlines the user experience by allowing pack purchases, openings, and NFT holding directly within the wallet, while a 72-hour buyback window addresses traditional market illiquidity.
• While Collector Crypt's revenue model is based on transaction fees rather than token speculation, uncertainty exists regarding the CARDS token's valuation due to a wide range in circulating supply estimates and a large total supply cap.

Topics: Asset types, Infrastructure providers, Scalability, Alternative assets, Tokenization platforms, Growth metrics

Tags: #collectorcrypt #solflare #cardpacks #nfts #solana #tokenizedcollectibles #feerevenue #liquidity #buybackwindow #cardstoken

Read more