NFT Sales See Modest Increase of 1.46% to Reach $149M in Past Week

In the past week, sales of non-fungible tokens (NFTs) have increased by 1.46%, raking in a total of $149,312,180. However, while the number of NFT buyers has risen by 22.48%, the number of NFT transactions has decreased by 8.78% compared to the previous week.

Over the past week, non-fungible token (NFT) sales have experienced a modest uptick, rising by 1.46% compared to the previous week. In total, NFT sales amounted to $149.31 million, with Ethereum-based NFT sales accounting for $108,272,701 of that figure. Ethereum NFT sales made up 72.5% of all digital collectibles sold in the past week. The latest statistics reveal that Ethereum NFT sales have surged by 22.79% this week.

This week, Solana-based NFT sales made up $12,225,000 of the total sales, however, this marks a 56.64% decrease from the previous week. Ethereum and Solana sales still lead the pack, followed by Mythos, Polygon, and Immutable X. Ethereum sales have seen a significant increase, and sales from Ronin have also jumped by 20%, while Arbitrum has experienced a 14% increase. Moreover, Panini blockchain digital collectible sales have taken a hit, dropping by 31.23% this week.

This week’s top-performing NFT collection is Azuki, which raked in $11,189,076 in sales. This marks a staggering 504.96% increase from the previous week. The Bored Ape Yacht Club (BAYC) collection comes in second place, with $10,615,168 in sales, representing a 13.32% increase from last week. The Mythos chain’s Dmarket collection didn’t fare as well as last week, recording $6,762,049 in sales, which is 11.5% lower than the previous week. However, the Milady Maker collection has seen a significant surge in sales, with $4,558,386 in total sales, marking a 367.58% increase.

The most expensive NFT sold this week was Bored Ape Yacht Club (BAYC) #811, which was sold for a jaw-dropping $625,825 just five days ago. Following closely behind is Sandbox Lands #139,686, which sold for $580,383, and BAYC #6774, which fetched $501,845. Otherdeed Expanded #5227 and Superrare #370,449 also made the list, selling for $501,845 and $370,449, respectively. According to nftpricefloor.com, Cryptopunks currently hold the top floor value (51.50 ETH) out of all the NFT collections, followed closely by Bored Ape Yacht Club’s floor value (48.30 ETH).

What do you think the future holds for the NFT markets? Share your thoughts in the comments section below.