Sales of non-fungible tokens (NFTs) increased this week, with $179.64 million in sales over the past seven days. NFT sales increased by 7.28% and transactions grew by 2.29% during the period, but the number of digital collectible buyers decreased by 4.34%.
NFT Sales Improved This Week, Up 7.28%
Sales of non-fungible tokens (NFTs) trended higher this week, increasing by 7.28%, recording $179.64 million in sales over the past seven days. Of the total sales, $111.62 million, or 62.35%, came from NFT sales on the Ethereum blockchain, cryptoslam.io stats Displays. Solana NFT sales were the second largest this week, at $20.66 million, or 11.54% of the week’s total sales.
This week, Ethereum-based NFT sales increased by 8.68%while sales of Solana-based NFTs declined 20.88%. NFT sales on Ethereum and Solana were followed by sales on blockchains Polygon, Arbitrum, and Cardano. It includes two groups of blockchains that have seen significant increases over the past seven days BNB Chain, which increased by 19.73%, and Panini, which increased by 29.53%. Theta blockchain NFT sales increased by 232.96%, but the increase accounted for only $2,805 in NFT sales this week.
This week’s best selling NFT collection is I’m tired, with sales of $11.29 million, up 76% from the previous week. Other bestselling collections this week include another actAnd Monkey Yacht Club Boredom (pike), cryptopunksAnd Mutant Ape Yacht Club (Mike). Otherdeed sales are down 20.67%, BAYC sales are down 22.75%, Cryptopunks are up 34.80%, and MAYC sales are down 6.33% over the past seven days. Azuki ranked sixth this week, with sales up 90.54% over the previous week, with sales of $4.29 million.
It was the most expensive NFT sold over the past seven days Cryptobank #3990, which sold two days earlier for $444,033. The second most expensive NFT sale was Azuki #3,194which was purchased for $415,485 three days ago. Cryptobank #3810 Sold for $414,105 about 24 hours ago, and Azuki #9185 It sold seven hours ago for $373,678. The top three NFT markets in terms of sales volume for the past week were Blur, Opensea, and Immutable X market, respectively.
What do you think the future holds for the NFT market? Will it continue to grow or is this just a passing trend? Share your thoughts in the comments section below.
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