Non-fungible tokens are gradually rebuilding momentum with MANA and SAND now soaring to new weekly highs.

The Sandbox (SAND) continued its bullish trend, hitting a new yearly high of $0.86 during Monday's early Asian session. However, it has since pulled back by 14%, trading at $0.76 at press time.

Story Highlights The live price of the Sandbox token is . SAND price could hit its potential high of $1.08 in 2024. Sandbox price with a potential surge could go as high as $5.69 by 2030. The crypto sphere turned over a leaf of its directory in the bygone year.

The Sandbox (SAND) token has broken its long-term downtrend with a 53.39% surge to $0.6112, accompanied by a 557.67% increase in trading volume to $1.87 billion and a 134.61% spike in open interest, suggesting strong market confidence in further upside potential.

SAND's breakout and bullish signals suggest the metaverse rally might be reigniting.

DOGE, XRP and XLM are the most traded cryptocurrencies on Upbit since Donald Trump's election victory. The latest activity points to a pivot toward metaverse tokens.

With the broader market recovery, the altcoin segment has been set ablaze. In this heating demand, the Metaverse tokens are making a comeback. With Decentraland and Sandbox tokens surging nearly 200% in the past three weeks, the bull run is aiming for an extended rally.

The GameFi and Metaverse sectors have taken charge of the next leg of the crypto market rally with The Sandbox (SAND) price gaining almost 100% in the last 2 days. Apart from SAND, other market players like Decentraland (MANA), Gala (GALA), and Axie Infinity (AXS) have also staged strong gains over the past week.

The non-fungible tokens (NFTs) sector has seen prolonged underperformance as trends such as meme coins, RWA, and AI dominate the cryptocurrency marketplace. However, the emerging bull run, where Bitcoin stares at the $100,000 milestone, has invigorated each sector. CryptoSlam data shows NFTs performed well over the past few sessions.

For quite a long time, NFT space remained under shadows as the newly created space has dominated the crypto markets. Moreover, the rising interest of the market participants in memecoins had prevented the other segments of the crypto space to thrive.

As Bitcoin (BTC) closed the third consecutive week in the price discovery phase, the altcoin space gained significant bullish sentiment. During the past week, the altcoin market – led by Stellar Lumens (XLM), Decentraland (MANA), and The Sandbox (SAND), among others – registered palpable gains.

SAND, the token powering the metaverse platform The Sandbox, has seen a meteoric rise, surging 55% in the past 24 hours. This performance far outpaces leading assets like Bitcoin and Ethereum, which each gained just 1% during the same period.

Sandbox (SAND) gains momentum, with $0.50 in sight if it clears $0.35.

Amid bullish market sentiment, SAND is poised for a 30% rally as it forms a bullish pattern on the daily chart.

BBVA is launching a tokenized fund integrated into the Spanish securities regulator's sandbox. The fund will be open only to BBVA employees to research the benefits of applying blockchain technology to these applications.

ZA Bank, Hong Kong's digital bank, has launched a sandbox trial of its crypto trading service, aiming to provide retail investors with a regulated platform for virtual asset trading.

Amid confusing cryptocurrency market sentiment, the creator of The Sandbox (SAND), Animoca Brand, has gained notable attention from crypto enthusiasts due to its recent acquisition. On October 26, 2024, the blockchain transactions tracker EyeOnChain made a post on X (Previously Twitter) that Animoca Brand bought 20 million SAND tokens worth $4.95 million from Binance.

The semi-autonomous region of Tanzania is taking advantage of a sandbox regulatory framework adopted in July.

The Zanzibar government has introduced a blockchain sandbox program to encourage entrepreneurship and technological advancements. The program, powered by the Xinfin XDC network and designed by Ledgerfi IT solutions, allows startups to safely test their blockchain-based solutions within the National Blockchain Network.

Are NFTs making a comeback? Following the surge in BAYC's ApeCoin after the ApeChain launch, investment is now shifting towards Axie Infinity, The Sandbox, and emerging layer-2 blockchains.

Two popular tokens, Axie Infinity (AXS) and Sandbox (SAND), have seen significant price increases recently. This uptick comes as the entire crypto market experiences a rally, with Bitcoin testing the crucial price level of $69,000.

SAND's breakout could be a sign of a potential bullish reversal, one backed by greater activity.

The crypto market has recorded a jump of ~2% in the past day, resulting in the Bitcoin price retesting its $69,000. Following this, the Metaverse and the gaming industry have regained momentum with many projects retesting their important resistance levels.

The DTCC aims to invite market participants to address pain points and let clients try DTCC products on their own use cases.

In a recent conversation with KMSmithDC, U.S. Congressman Byron Donalds stressed the importance of developing a regulatory sandbox for the crypto industry. Donalds described the industry as a “toddler” that is still young but has a possibility of growing.

Mysten Labs chief information security officer Christian Thompson told Cointelegraph that gaming is a playground for technologists to explore Web3.

Sandbox Alpha season 4, Day 5 included the experience through the labyrinth of Club XYZ with the music of DJ Galantis. The event is based on players exploring different stages and uncovering secrets.

SAND could soar by 15% to reach the $0.305 level if it closes a daily candle above the $0.264 level.

Sandbox shared the full guide for Alpha season 4. This season's battle pass will have a 30-level system.

Digital Assets Week 2024 (DAW24) kicks off today in London, focusing on the integration of digital assets within the global financial system.

The regulatory sandbox aims to strengthen the United Kingdom's position as a global financial hub.

The European Blockchain Sandbox Initiative expands with 41 regulators and authorities from 22 countries, boosting blockchain innovation and regulatory collaboration.

On September 28th, 2024 Sandbox announced 10,000 $SAND total rewards for its new experiences of the week. These new experiences include Multiverse Yard, Planet Survival, Tower of Myths, and Math Op.

A wallet linked to The Sandbox had dumped 25 million tokens worth $7.08 million to Binance and OKX.

Animoca Brands, The Sandbox, and Smobler unveil the Universal Peace Sanctuary, a virtual space promoting global harmony, within The Sandbox metaverse.

Animoca Brands, a company specializing in digital property rights and gaming, alongside The Sandbox, a decentralized virtual world, and Smobler, a metaverse architecture firm, have launched the virtual Universal Peace Sanctuary. The project, hosted in The Sandbox metaverse, aims to foster global peace and cultural understanding.

Sandbox offers over $2.5 M worth of reward pool in its upcoming season. The web3 gaming platform is offering a free limited-time Gold Space Helmet NFT as well to those who will get their spots reserved before the time runs out.

SAND has recently confirmed a breakout from a falling wedge pattern, which is often seen as a bullish signal in technical analysis. This breakout raises expectations for significant upward price movement.

SAND is primed for a breakout, with key metrics signaling a potential long-term rally.

The Sandbox (SAND) has lately attracted interest with opposing opinions on its potential price movement. Although some analysts believe there is room for large increases, short-term data point to a more wary stance.

SAND battled strong resistance at key EMAs, with a breakout above $0.25 needed to spark a recovery and avoid further downside.

Smaller ad-tech firms are raising competition concerns over Google's long-brewing cookies alternative, Privacy Sandbox, at a time when the internet giant's digital ads business is already under U.S. and UK scrutiny.

India is Metaverse platform The Sandbox's largest market for creators with users numbers doubling in less than a year, co-founder Sebastien Borget told CoinDesk in an interview.

Hong Kong has introduced a sandbox for Project Ensemble, a wholesale central bank digital currency (CBDC) project.

The Hong Kong Monetary Authority (HKMA) has launched a sandbox to its wholesale central bank digital currency (wCBDC) – Project Ensemble.

The Hong Kong Monetary Authority has launched a sandbox to test the use of tokenized assets in real-world scenarios. The sandbox aims to promote interbank settlement using tokenized currency and central bank digital currencies. The HKMA will collaborate with other regulators and industry players to support the development of Hong Kong's tokenization market.

The HKMA has launched a sandbox for Project Ensemble, with initial participants including Bank of China, HSBC, Ant Digital and HashKey.