Trade volume for NBA Top Shot'due south nonfungible tokens (NFT) has skyrocketed over the weekend following the launch of its retro "Run It Back 2005-06" packs on Friday.

According to Crypto Slam, daily volume on NBA Top Shot's marketplace jumped by more than 440% from $829,520 on Thursday to more than than $4.5 million the next day. Sabbatum too saw more $iv million worth of tokens trade hands.

NBA Top Shot's NFTs feature video highlights depicting key moments from the history of professional person basketball, with the latest packs jubilant the stars of the 2005–2006 season.

On Lord's day, NBA Superlative Shot tweeted that nigh 10,000 "Run Information technology Dorsum 2005-06" packs had been sold in 24 hours at a rate of seven purchases per minute.

The packs started at $169 each, with collectors competing to snag moments depicting basketball legends such as LeBron James and Shaquille O'Neal. NBA Top Shot'due south packs feature three tiers of rarity ranging from "common" to "legendary."

Crypto Slam data shows that the NBA Acme Shot marketplace has hosted a whopping $744 1000000 worth of secondary sales since July 2022. NBA Top Shot trade action peaked during the get-go quarter of 2022, with $45.vii million worth of trades occurring within 24 hours on Feb. 22.

While more $200 million worth of NBA Superlative Shot NFTs changed hands during the months of February and March, the monthly volume has since retraced sharply, with approximately $20 meg of trades taking identify during September and October.

Related: Top Shot to sell exclusive NFT moments at alive basketball games

After its weekend surge, NBA Top Shot is ranked as the third-largest NFT projection past daily secondary volume, with more than than $ii.5 1000000 in tokens trading hands in the last 24 hours, according to Crypto Slam.

Axie Infinity ranks in start identify with $18.6 meg worth of trades for the by solar day, while CryptoPunks is second with a 24-hour volume of $6.2 one thousand thousand.

In late September, Dapper Labs, the squad backside NBA Acme Shot, announced plans to branch out beyond basketball and launch an NFT platform and marketplace in partnership with the National Football League (NFL). Dapper Labs is currently targeting to have completed its showtime NFL driblet by the end of 2022.