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 increased by 2.29% during this period, but the number of buyers of digital collectibles decreased by 4.34%.
NFT sales improve this week, rising 7.28% higher
Sales of non-fungible tokens (NFTs) have trended higher this week, increasing by 7.28%, with $179.64 million in sales recorded 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 statistics show. Solana’s NFT sales were the second largest this week, accounting for $20.66 million, or 11.54%, of the week’s total sales.
This week, sales of Ethereum-based NFTs increased by 8.68%, while sales of Solana-based NFTs fell by 20.88%. NFT sales on Ethereum and Solana were followed by sales on the Polygon, Arbitrum and Cardano blockchains. Two blockchains that have seen noticeable increases in the past seven days include BNB Chain, which was up 19.73%, and Panini, which was up 29.53%. Theta blockchain NFT sales increased by 232.96%, but the increase only accounted for $2,805 in NFT sales this week.
The best-selling NFT collection this week is Nakamigos, with $11.29 million in sales, up 76% compared to last week. Other top selling collections this week include Otherdeed, Bored Ape Yacht Club (BAYC), Cryptopunks and Mutant Ape Yacht Club (MAYC). 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 sales took the sixth position this week, with sales up 90.54% compared to last week, with $4.29 million in sales.
The most expensive NFT sold in the last seven days was Cryptopunk #3,990, which was sold for $444,033 two days ago. The second most expensive NFT sale was Azuki #3,194, which was bought for $415,485 three days ago. Cryptopunk #3,810 sold for $414,105 about 24 hours ago, and Azuki #9,185 sold seven hours ago for $373,678. The top three NFT marketplaces in terms of sales volume in the past week were Blur, Opensea and Immutable X marketplace respectively.
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Arbitrum, Art, Azuki, BAYC, Blockchain, Blur, BNB Chain, Bored Ape Yacht Club, Buyers, Cardano, collectibles, Cryptocurrency, cryptopunks, culture, dappradar.com, data analysis, Digital Assets, Digital Collectibles, Ethereum, Immutable X, increase , market analysis, NFT market sale, market trends, marketplaces, MAYC, most expensive, Mutant Ape Yacht Club, Nakamigos, nft, NFT sale, NFTs, non-fungible tokens, Opensea, Otherdeed, Panini, Polygon, sale, seven-day , Solana, Statistics, technology, Theta, Top sellers, transactions, trend, Virtual World
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.
Jamie Redman
Jamie Redman is the news editor at Bitcoin.com News and a financial technology journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.
Image credit: Shutterstock, Pixabay, Wiki Commons, Nakamigos
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