Claynosaurz overtakes Milady Maker and Azuki in NFT market capitalization

NFT market capitalization

The Solana-based NFT collection Claynosaurz has surpassed Ethereum-native collections Milady Maker and Azuki in market capitalization, marking a notable shift in the digital collectibles market.

The collection, which features 10,222 animated dinosaur-themed NFTs, has reached an estimated market capitalization of between $19 million and $20.3 million. The milestone places it ahead of Milady Maker, valued at around $19.7 million, while Azuki’s market capitalization has fallen to approximately $16.7 million-$17 million.

Amazon Prime Video announcement fuels rally

The recent surge follows Claynosaurz’s announcement of an upcoming brand launch on Amazon Prime Video. The news triggered strong investor demand, pushing the collection’s floor price to around 25 SOL, significantly higher than its original mint price of 10 SOL when the project debuted in November 2022.

Market activity also accelerated after the announcement, with the collection recording approximately 6,500 SOL in trading volume over the past seven days.

Competition remains strong

Milady Maker continues to maintain a floor price of roughly 1 ETH, supported by its anime-inspired profile picture collection and dedicated community. Azuki, another leading anime-themed NFT project, currently trades with a floor price between 0.87 ETH and 0.9 ETH.

NFT market capitalization is generally calculated by multiplying a collection’s floor price by its total supply, meaning valuations can fluctuate rapidly as floor prices change.

Expanding beyond NFTs

Claynosaurz has been expanding its ecosystem beyond digital collectibles through partnerships and entertainment initiatives. The project has collaborated with mobile game developer Gameloft and has introduced branded merchandise and animated content, with the Amazon Prime Video launch representing its latest expansion into mainstream entertainment.

The team has also announced plans to release a new NFT collection on the Sui blockchain in May 2025 as part of its broader cross-chain strategy.

While the NFT collection has gained momentum, its associated token, Claynosaurz Strategy (CNZSTRAT), has struggled to attract similar interest. The token’s market capitalization remains below $100,000, with limited trading activity, suggesting investors are placing greater value on the project’s intellectual property and collectibles than its token economy.

Solana strengthens its NFT position

Claynosaurz’s rise highlights Solana’s growing presence in the NFT sector as the blockchain continues to attract projects seeking lower transaction costs and faster settlement times. The collection’s climb above established Ethereum-based projects comes as Ethereum’s NFT trading activity remains below the highs recorded during the 2021-2022 market cycle.

Market participants are expected to monitor Claynosaurz’s trading volumes in the coming weeks, while the planned Sui NFT launch could serve as a key test of the project’s multi-chain expansion strategy.

Share this article

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top