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The first week of 2023 saw a surge in non-fungible token (NFT) sales, as seven-day volume increased by 26.01% compared to the previous week, totaling approximately $208.99 million in NFT sales. In addition, the top five NFT-issuing blockchains saw gains in the past week.
According to NFT sales statistics, the first week of the new year saw a 26.01% increase compared to the last week of 2022. Cryptoslam.io metrics show that there were 1.2 million NFT transactions among 400,748 NFT buyers. There were $208.99 million in NFT sales across 19 different blockchain networks, with Ethereum capturing $164.35 million.
Ethereum-based NFT sales are up 26.22% this week, followed by Solana (+28.8%), Immutable X (+20.83%), Cardano (+35.97%) and BNB (+71, 35%) in NFT sales. BNB had the biggest gain over the past seven days, up 71%, followed by Theta, which is up 69.82% this week.
The top NFT collection in terms of sales this past week was Bored Ape Yacht Club (BAYC) with $19,052,102 in sales, up 52.82% from the previous week. BAYC was followed by Mutant Ape Yacht Club (MAYC), Azuki, Bored Ape Kennel Club (BAKC) and The Captainz. Cryptopunks and Mineablepunks took sixth and seventh positions in terms of seven-day NFT sales by collection.
The five most expensive NFTs sold this week all came from Mineablepunk’s NFT collection. The top five includes Mineablepunks #11,467, #11,755, #11,467, #11,755 and #11,467. The Mineablepunks NFT collection made $5,498,938 in sales in the last week, but sales were 49.50% lower than the previous week’s Mineablepunks sales.
According to nftpricefloor.com calculations, BAYC NFTs still had the most expensive floor value on January 8, 2022, at 81.49 Ether. Cryptopunks had a floor value of around 66.88 ether at 1:30 PM (ET) on Sunday afternoon, which was lower than the BAYC floor value at the time.
What do you think of the NFT sell off this week? Do you think 2023 will be a better year for NFTs? Share your thoughts on this topic in the comments section below.
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